News

Material Fact

São Paulo, June 24, 2017. Contax Participações S.A. ("Contax" or "Company"; CTAX3), pursuant to article 157, paragraph 4 of Law 6404, of December 15, 1976, as amended, and CVM Instruction 358/2002, hereby informs its shareholders, investors and the market in general, further to the material facts disclosed by the Company on March 23, 2017, May 19, 2017, June 5, 2017, June 14, 2017 and June 19, 2017 that, on this date, the Company called a meeting of the holders of its 2nd debenture issue to resolve on declaring or not the maturity of the debentures and changing the debentures’ terms and conditions, which includes the restructuring and extension of all interest and principal maturities, the change, either temporary or final, of the financial covenants and the possibility of defining new interest rates, pursuant to the terms which are currently being negotiated by the Company, the debenture holders and other financial creditors.

The Company continues with the objective to obtain, in the short term, a wide consensus among its creditors to strength its capital structure, pursuant to the material facts previously disclosed.

The Company will keep its shareholders, investors and the market in general informed about the matters in this material fact.

Cristiane Barretto Sales
Chief Financial and Investor Relations Officer

IR Contacts:

Ph.: (55 11) 3131-5136 or (55 11) 3131-5131
E-mail: ri@contax.com.br
Website: www.contax.com.br/ir