Azul S.A. Sponsored ADR Pfd (AZULQ) in focus as board tweaks debt conversion ahead of Jan. 12 vote
New York, January 11, 2026, 09:32 EST — Market closed Azul S.A.’s sponsored preferred ADRs are being closely watched ahead of Monday after the Brazilian airline released board minutes clarifying the terms for a mandatory debenture conversion linked to its Chapter 11 plan in the U.S. The minutes specify a swap ratio of 1,498,422 preferred shares per debenture, contingent on…