Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
December 20 2023 - 5:00PM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of December, 2023
Commission File Number 1-34129
CENTRAIS ELÉTRICAS BRASILEIRAS S.A.
- ELETROBRÁS
(Exact name of registrant as specified in its
charter)
BRAZILIAN ELECTRIC POWER COMPANY
(Translation of Registrant's name into English)
Rua da Quitanda, 196 – 24th floor,
Centro, CEP 20091-005,
Rio de Janeiro, RJ, Brazil
(Address of principal executive office)
Indicate by check mark whether the registrant
files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F _______
Indicate by check mark whether the registrant
by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule
12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No___X____
Rating Standard & Poor’s
Rio de Janeiro, December 20,
2023, Centrais Elétricas Brasileiras S/A – Eletrobras informs that on December 20, 2023, the risk rating agency Standard
& Poor's reaffirmed the long and short-term credit rating on the national scale of Eletrobras in brAAA/brA-1+ with a stable outlook.
The stable outlook incorporates the expectation that Eletrobras will continue to deleverage through high EBITDA and liability management
initiatives to reduce interest expenses.
Standard & Poor's full
report is available on the Company's website (https://ri.eletrobras.com/).
Eduardo Haiama
Vice President of Finance
and Investor Relations
This document may contain estimates and
projections that are not statements of fact that have occurred in the past, but reflect the beliefs and expectations of our management
and may constitute estimates and projections about future events within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. The words "believes",
"may", "may", "estimate",
"continue", "anticipates", "intends",
"hopes"and similar ones aim to identify estimates that necessarily
involve risks and uncertainties, known or not. Known risks and uncertainties include, but are not limited to: general economic, regulatory,
political and commercial conditions in Brazil and abroad, variations in interest rates, inflation and the value of the Brazilian Real,
changes in volumes and patterns of consumer use of electricity, competitive conditions, our level of indebtedness, the possibility of
receiving payments related to our receivables, changes in rainfall and water levels in the reservoirs used to operate our hydroelectric
plants, our financing and capital investment plans, existing and future government regulations, and other risks described in our annual
report and other documents filed with the SEC. Estimates and projections speak only as of the date on which they were expressed and we
undertake no obligation to update any such estimates or projections due to the occurrence of new information or upcoming events. The future
results of the Companies' operations and initiatives may differ from current expectations and the investor should not rely solely on the
information contained herein. This material contains calculations that may not reflect accurate results due to rounding performed.
SIGNATURE
Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
Date: December 20, 2023
CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS |
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By: |
/S/ Eduardo Haiama
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Eduardo Haiama
Vice-President of Finance and Investor Relations |
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FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements.
These statements are statements that are not historical facts, and are based on management's current view and estimates offuture
economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes",
"estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended
to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal
operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends
affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect
the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected
events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic
and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual
results to differ materially from current expectations.
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