{"id":4830,"date":"2022-08-31T21:14:09","date_gmt":"2022-08-31T21:14:09","guid":{"rendered":"https:\/\/www.guiadoemitente.pt\/business-case-corticeira-amorim-2\/"},"modified":"2022-09-16T14:08:35","modified_gmt":"2022-09-16T14:08:35","slug":"business-case-sic","status":"publish","type":"page","link":"https:\/\/issuers-guide.buzzvel.work\/en\/business-case-sic\/","title":{"rendered":"Business Case &#8211; SIC"},"content":{"rendered":"\n<h1 class=\"has-amarelo-2-color has-text-color wp-block-heading\">SIC \u2013 Sociedade Independente de Comunica\u00e7\u00e3o, S.A.<\/h1>\n\n\n\n<p><\/p>\n\n\n\n<p>SIC is a subsidiary of Impresa \u2013 Sociedade Gestora de Participa\u00e7\u00f5es Sociais, S.A. and operates TV broadcasting, audiovisual and film production, as other media activities, namely, digital content. Additionally, the Company provides technical services in media, audiovisual and cinematographic, and digital television.<\/p>\n\n\n\n<p><\/p>\n\n\n<style>.wp-block-kadence-spacer.kt-block-spacer-_8c5dc4-e6 .kt-block-spacer{height:40px;}.wp-block-kadence-spacer.kt-block-spacer-_8c5dc4-e6 .kt-divider{border-top-width:1px;height:1px;border-top-color:#eee;width:80%;border-top-style:solid;}<\/style>\n<div class=\"wp-block-kadence-spacer aligncenter kt-block-spacer-_8c5dc4-e6\"><div class=\"kt-block-spacer kt-block-spacer-halign-center\"><\/div><\/div>\n\n\n<style>.wp-block-kadence-advancedheading.kt-adv-heading_2226e1-77, .wp-block-kadence-advancedheading.kt-adv-heading_2226e1-77[data-kb-block=\"kb-adv-heading_2226e1-77\"]{font-size:18px;font-style:normal;}.wp-block-kadence-advancedheading.kt-adv-heading_2226e1-77 mark.kt-highlight, .wp-block-kadence-advancedheading.kt-adv-heading_2226e1-77[data-kb-block=\"kb-adv-heading_2226e1-77\"] mark.kt-highlight{font-style:normal;color:#f76a0c;-webkit-box-decoration-break:clone;box-decoration-break:clone;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;}.wp-block-kadence-advancedheading.kt-adv-heading_2226e1-77 img.kb-inline-image, .wp-block-kadence-advancedheading.kt-adv-heading_2226e1-77[data-kb-block=\"kb-adv-heading_2226e1-77\"] img.kb-inline-image{width:150px;vertical-align:baseline;}<\/style>\n<h4 class=\"kt-adv-heading_2226e1-77 wp-block-kadence-advancedheading has-azul-3-color has-text-color\" data-kb-block=\"kb-adv-heading_2226e1-77\">Capital Markets<\/h4>\n\n\n\n<p>On July 2019 SIC debuted in the Portuguese stock market by issuing 1.7m bonds (&#8220;Bonds SIC 2019-2022&#8221;), with a fixed interest rate of 4,5%, raising a total amount of \u20ac51m. On June 2021, SIC issued new bonds (&#8220;Bonds SIC 2021-2025&#8221;), with a fixed interest rate of 3,95%, through an underwriting offer and an exchange offer respective to the bonds issued in 2019.<\/p>\n\n\n<style>.kb-image_d59248-81 .kb-image-has-overlay:after{opacity:0.3;}<\/style>\n<figure class=\"wp-block-kadence-image kb-image_d59248-81 size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"710\" height=\"203\" src=\"https:\/\/issuers-guide.buzzvel.work\/wp-content\/uploads\/2022\/08\/CASE-SIC-NUMB.png\" alt=\"\" class=\"kb-img wp-image-4832\" srcset=\"https:\/\/issuers-guide.buzzvel.work\/wp-content\/uploads\/2022\/08\/CASE-SIC-NUMB.png 710w, https:\/\/issuers-guide.buzzvel.work\/wp-content\/uploads\/2022\/08\/CASE-SIC-NUMB-300x86.png 300w\" sizes=\"auto, (max-width: 710px) 100vw, 710px\" \/><figcaption>*Initial offering (3,96x final offering)<br>Source: SIC, Eco, Jornal de Neg\u00f3cios, Dinheiro Vivo<\/figcaption><\/figure>\n\n\n<style>.wp-block-kadence-spacer.kt-block-spacer-_7892b0-b9 .kt-block-spacer{height:40px;}.wp-block-kadence-spacer.kt-block-spacer-_7892b0-b9 .kt-divider{border-top-width:1px;height:1px;border-top-color:#eee;width:80%;border-top-style:solid;}<\/style>\n<div class=\"wp-block-kadence-spacer aligncenter kt-block-spacer-_7892b0-b9\"><div class=\"kt-block-spacer kt-block-spacer-halign-center\"><\/div><\/div>\n\n\n<style>.wp-block-kadence-advancedheading.kt-adv-heading_59f36d-ab, .wp-block-kadence-advancedheading.kt-adv-heading_59f36d-ab[data-kb-block=\"kb-adv-heading_59f36d-ab\"]{font-size:18px;font-style:normal;}.wp-block-kadence-advancedheading.kt-adv-heading_59f36d-ab mark.kt-highlight, .wp-block-kadence-advancedheading.kt-adv-heading_59f36d-ab[data-kb-block=\"kb-adv-heading_59f36d-ab\"] mark.kt-highlight{font-style:normal;color:#f76a0c;-webkit-box-decoration-break:clone;box-decoration-break:clone;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;}.wp-block-kadence-advancedheading.kt-adv-heading_59f36d-ab img.kb-inline-image, .wp-block-kadence-advancedheading.kt-adv-heading_59f36d-ab[data-kb-block=\"kb-adv-heading_59f36d-ab\"] img.kb-inline-image{width:150px;vertical-align:baseline;}<\/style>\n<h4 class=\"kt-adv-heading_59f36d-ab wp-block-kadence-advancedheading has-azul-2-color has-text-color\" data-kb-block=\"kb-adv-heading_59f36d-ab\">Main reasons for pursuing public financing<\/h4>\n\n\n<style>#kt-layout-id_a7a87d-45 > .kt-row-column-wrap{align-content:start;}:where(#kt-layout-id_a7a87d-45 > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:start;}#kt-layout-id_a7a87d-45 > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);padding-top:var( --global-kb-row-default-top, 25px );padding-bottom:var( --global-kb-row-default-bottom, 25px );padding-top:0px;padding-bottom:5px;padding-left:0px;padding-right:0px;grid-template-columns:minmax(0, 1fr);}#kt-layout-id_a7a87d-45{border-top-left-radius:26px;border-top-right-radius:26px;border-bottom-right-radius:26px;border-bottom-left-radius:26px;overflow:clip;isolation:isolate;}#kt-layout-id_a7a87d-45 > .kt-row-layout-overlay{border-top-left-radius:26px;border-top-right-radius:26px;border-bottom-right-radius:26px;border-bottom-left-radius:26px;}#kt-layout-id_a7a87d-45 > .kt-row-layout-overlay{opacity:0.05;}@media all and (max-width: 1024px){#kt-layout-id_a7a87d-45 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}@media all and (max-width: 767px){#kt-layout-id_a7a87d-45 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style>\n<div class=\"wp-block-kadence-rowlayout alignnone\"><div id=\"kt-layout-id_a7a87d-45\" class=\"kt-row-layout-inner kt-layout-id_a7a87d-45\"><div class=\"kt-row-column-wrap kt-has-1-columns kt-gutter-default kt-v-gutter-default kt-row-valign-top kt-row-layout-equal kt-tab-layout-inherit kt-m-colapse-left-to-right kt-mobile-layout-row\"><style>.kadence-column_e969e5-f3 > .kt-inside-inner-col{border-top-width:0px;border-right-width:0px;border-bottom-width:0px;border-left-width:0px;}.kadence-column_e969e5-f3 > .kt-inside-inner-col,.kadence-column_e969e5-f3 > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column_e969e5-f3 > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column_e969e5-f3 > .kt-inside-inner-col{flex-direction:column;}.kadence-column_e969e5-f3 > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column_e969e5-f3{position:relative;}@media all and (max-width: 1024px){.kadence-column_e969e5-f3 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column_e969e5-f3 > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column inner-column-1 kadence-column_e969e5-f3\"><div class=\"kt-inside-inner-col\"><style>.wp-block-kadence-iconlist.kt-svg-icon-list-items_197937-4d:not(.this-stops-third-party-issues){margin-top:0px;margin-bottom:0px;}.wp-block-kadence-iconlist.kt-svg-icon-list-items_197937-4d ul.kt-svg-icon-list:not(.this-prevents-issues):not(.this-stops-third-party-issues):not(.tijsloc){margin-top:0px;margin-right:0px;margin-bottom:var(--global-kb-spacing-sm, 1.5rem);margin-left:0px;}.wp-block-kadence-iconlist.kt-svg-icon-list-items_197937-4d ul.kt-svg-icon-list{grid-row-gap:8px;}.wp-block-kadence-iconlist.kt-svg-icon-list-items_197937-4d ul.kt-svg-icon-list .kt-svg-icon-list-item-wrap .kt-svg-icon-list-single{margin-right:10px;}.kt-svg-icon-list-items_197937-4d ul.kt-svg-icon-list .kt-svg-icon-list-level-0 .kt-svg-icon-list-single svg{font-size:20px;}.kt-svg-icon-list-items_197937-4d ul.kt-svg-icon-list .kt-svg-icon-list-level-1 .kt-svg-icon-list-single svg{font-size:20px;}.kt-svg-icon-list-items_197937-4d ul.kt-svg-icon-list .kt-svg-icon-list-level-2 .kt-svg-icon-list-single svg{font-size:20px;}.kt-svg-icon-list-items_197937-4d ul.kt-svg-icon-list .kt-svg-icon-list-level-3 .kt-svg-icon-list-single svg{font-size:20px;}<\/style>\n<div class=\"wp-block-kadence-iconlist kt-svg-icon-list-items kt-svg-icon-list-items_197937-4d kt-svg-icon-list-columns-1 alignnone kt-list-icon-aligntop\"><ul class=\"kt-svg-icon-list\"><li class=\"kt-svg-icon-list-style-default kt-svg-icon-list-item-wrap kt-svg-icon-list-item-0 kt-svg-icon-list-level-0\"><div style=\"display:inline-flex;justify-content:center;align-items:center\" class=\"kt-svg-icon-list-single kt-svg-icon-list-single-fe_checkCircle\"><svg style=\"display:inline-block;vertical-align:middle\" viewBox=\"0 0 24 24\" height=\"20\" width=\"20\" fill=\"none\" stroke=\"currentColor\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" aria-hidden=\"true\"><path d=\"M22 11.08V12a10 10 0 1 1-5.93-9.14\"><\/path><polyline points=\"22 4 12 14.01 9 11.01\"><\/polyline><\/svg><\/div><span class=\"kt-svg-icon-list-text\">Access to the market through public bond offerings is an alternative mechanism to traditional sources of bank finance<\/span><\/li><li class=\"kt-svg-icon-list-style-default kt-svg-icon-list-item-wrap kt-svg-icon-list-item-1 kt-svg-icon-list-level-0\"><div style=\"display:inline-flex;justify-content:center;align-items:center\" class=\"kt-svg-icon-list-single kt-svg-icon-list-single-fe_checkCircle\"><svg style=\"display:inline-block;vertical-align:middle\" viewBox=\"0 0 24 24\" height=\"20\" width=\"20\" fill=\"none\" stroke=\"currentColor\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" aria-hidden=\"true\"><path d=\"M22 11.08V12a10 10 0 1 1-5.93-9.14\"><\/path><polyline points=\"22 4 12 14.01 9 11.01\"><\/polyline><\/svg><\/div><span class=\"kt-svg-icon-list-text\">Extension of debt maturity to ensure that debt service payments are closer to future cash flow generation<\/span><\/li><li class=\"kt-svg-icon-list-style-default kt-svg-icon-list-item-wrap kt-svg-icon-list-item-2 kt-svg-icon-list-level-0\"><div style=\"display:inline-flex;justify-content:center;align-items:center\" class=\"kt-svg-icon-list-single kt-svg-icon-list-single-fe_checkCircle\"><svg style=\"display:inline-block;vertical-align:middle\" viewBox=\"0 0 24 24\" height=\"20\" width=\"20\" fill=\"none\" stroke=\"currentColor\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" aria-hidden=\"true\"><path d=\"M22 11.08V12a10 10 0 1 1-5.93-9.14\"><\/path><polyline points=\"22 4 12 14.01 9 11.01\"><\/polyline><\/svg><\/div><span class=\"kt-svg-icon-list-text\">Reduce the cost of debt, by replacing part of its older debt, with the issuance of new bonds<\/span><\/li><li class=\"kt-svg-icon-list-style-default kt-svg-icon-list-item-wrap kt-svg-icon-list-item-3 kt-svg-icon-list-level-0\"><div style=\"display:inline-flex;justify-content:center;align-items:center\" class=\"kt-svg-icon-list-single kt-svg-icon-list-single-fe_checkCircle\"><svg style=\"display:inline-block;vertical-align:middle\" viewBox=\"0 0 24 24\" height=\"20\" width=\"20\" fill=\"none\" stroke=\"currentColor\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" aria-hidden=\"true\"><path d=\"M22 11.08V12a10 10 0 1 1-5.93-9.14\"><\/path><polyline points=\"22 4 12 14.01 9 11.01\"><\/polyline><\/svg><\/div><span class=\"kt-svg-icon-list-text\">Set a solid foundation of investors to improve the Company&#8217;s future liquidity<\/span><\/li><\/ul><\/div>\n<\/div><\/div>\n<\/div><\/div><\/div>\n\n\n<style>.wp-block-kadence-spacer.kt-block-spacer-_dfd8e9-32 .kt-block-spacer{height:40px;}.wp-block-kadence-spacer.kt-block-spacer-_dfd8e9-32 .kt-divider{border-top-width:1px;height:1px;border-top-color:#eee;width:80%;border-top-style:solid;}<\/style>\n<div class=\"wp-block-kadence-spacer aligncenter kt-block-spacer-_dfd8e9-32\"><div class=\"kt-block-spacer kt-block-spacer-halign-center\"><\/div><\/div>\n\n\n<style>#kt-layout-id_eb92fa-27 > .kt-row-column-wrap{align-content:start;}:where(#kt-layout-id_eb92fa-27 > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:start;}#kt-layout-id_eb92fa-27 > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);padding-top:var( --global-kb-row-default-top, 25px );padding-bottom:var( --global-kb-row-default-bottom, 25px );padding-top:var(--global-kb-spacing-sm, 1.5rem);padding-bottom:var(--global-kb-spacing-sm, 1.5rem);grid-template-columns:minmax(0, 1fr);}#kt-layout-id_eb92fa-27 > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){#kt-layout-id_eb92fa-27 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}@media all and (max-width: 767px){#kt-layout-id_eb92fa-27 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style>\n<div class=\"wp-block-kadence-rowlayout alignnone\"><div id=\"kt-layout-id_eb92fa-27\" class=\"kt-row-layout-inner kt-layout-id_eb92fa-27\"><div class=\"kt-row-column-wrap kt-has-1-columns kt-gutter-default kt-v-gutter-default kt-row-valign-top kt-row-layout-equal kt-tab-layout-inherit kt-m-colapse-left-to-right kt-mobile-layout-row\"><style>.kadence-column_e3168d-6c > .kt-inside-inner-col{padding-left:14px;}.kadence-column_e3168d-6c > .kt-inside-inner-col{border-color:#1F266A;border-top-width:0px;border-right-width:0px;border-bottom-width:0px;border-left-width:7px;}.kadence-column_e3168d-6c > .kt-inside-inner-col,.kadence-column_e3168d-6c > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column_e3168d-6c > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column_e3168d-6c > .kt-inside-inner-col{flex-direction:column;}.kadence-column_e3168d-6c > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column_e3168d-6c > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column_e3168d-6c{position:relative;}@media all and (max-width: 1024px){.kadence-column_e3168d-6c > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column_e3168d-6c > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column inner-column-1 kadence-column_e3168d-6c\"><div class=\"kt-inside-inner-col\">\n<p>&#8220;We are extremely pleased with the outcome of this operation. Investors once again answered positively, confirming the confidence they have in SIC and its values. We have therefore met our goals of diversifying our sources of financing and extending the average maturity of our debt&#8221;.<\/p>\n\n\n<style>.wp-block-kadence-advancedheading.kt-adv-heading_8770cd-f0, .wp-block-kadence-advancedheading.kt-adv-heading_8770cd-f0[data-kb-block=\"kb-adv-heading_8770cd-f0\"]{font-size:14px;font-weight:bold;font-style:normal;text-transform:uppercase;}.wp-block-kadence-advancedheading.kt-adv-heading_8770cd-f0 mark.kt-highlight, .wp-block-kadence-advancedheading.kt-adv-heading_8770cd-f0[data-kb-block=\"kb-adv-heading_8770cd-f0\"] mark.kt-highlight{font-style:normal;color:#f76a0c;-webkit-box-decoration-break:clone;box-decoration-break:clone;padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px;}.wp-block-kadence-advancedheading.kt-adv-heading_8770cd-f0 img.kb-inline-image, .wp-block-kadence-advancedheading.kt-adv-heading_8770cd-f0[data-kb-block=\"kb-adv-heading_8770cd-f0\"] img.kb-inline-image{width:150px;vertical-align:baseline;}<\/style>\n<p class=\"kt-adv-heading_8770cd-f0 wp-block-kadence-advancedheading has-azul-2-color has-text-color\" data-kb-block=\"kb-adv-heading_8770cd-f0\">Francisco Pedro Balsem\u00e3o &#8211; SIC Board Member<\/p>\n<\/div><\/div>\n<\/div><\/div><\/div>\n\n\n<style>#kt-layout-id_6ee8e2-c1 > .kt-row-column-wrap{align-content:start;}:where(#kt-layout-id_6ee8e2-c1 > .kt-row-column-wrap) > .wp-block-kadence-column{justify-content:start;}#kt-layout-id_6ee8e2-c1 > .kt-row-column-wrap{column-gap:var(--global-kb-gap-md, 2rem);row-gap:var(--global-kb-gap-md, 2rem);padding-top:var( --global-kb-row-default-top, 25px );padding-bottom:var( --global-kb-row-default-bottom, 25px );padding-top:var(--global-kb-spacing-sm, 1.5rem);padding-bottom:var(--global-kb-spacing-sm, 1.5rem);grid-template-columns:minmax(0, 1fr);}#kt-layout-id_6ee8e2-c1 > .kt-row-layout-overlay{opacity:0.30;}@media all and (max-width: 1024px){#kt-layout-id_6ee8e2-c1 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}@media all and (max-width: 767px){#kt-layout-id_6ee8e2-c1 > .kt-row-column-wrap{grid-template-columns:minmax(0, 1fr);}}<\/style>\n<div class=\"wp-block-kadence-rowlayout alignnone\"><div id=\"kt-layout-id_6ee8e2-c1\" class=\"kt-row-layout-inner kt-layout-id_6ee8e2-c1\"><div class=\"kt-row-column-wrap kt-has-1-columns kt-gutter-default kt-v-gutter-default kt-row-valign-top kt-row-layout-equal kt-tab-layout-inherit kt-m-colapse-left-to-right kt-mobile-layout-row\"><style>.kadence-column_fd9be8-bf > .kt-inside-inner-col{padding-left:15px;padding-right:15px;}.kadence-column_fd9be8-bf > .kt-inside-inner-col{border-color:#FFFCF9;border-top-width:5px;border-right-width:5px;border-bottom-width:5px;border-left-width:5px;}.kadence-column_fd9be8-bf > .kt-inside-inner-col,.kadence-column_fd9be8-bf > .kt-inside-inner-col:before{border-top-left-radius:22px;border-top-right-radius:22px;border-bottom-right-radius:22px;border-bottom-left-radius:22px;}.kadence-column_fd9be8-bf > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column_fd9be8-bf > .kt-inside-inner-col{flex-direction:column;}.kadence-column_fd9be8-bf > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column_fd9be8-bf > .kt-inside-inner-col{background-color:rgba(252, 205, 62, 0.08);}.kadence-column_fd9be8-bf:hover > .kt-inside-inner-col{background-color:rgba(252,205,62,0.08);background-image:none;}.kadence-column_fd9be8-bf > .kt-inside-inner-col:before{opacity:0.06;}.kadence-column_fd9be8-bf:hover > .kt-inside-inner-col:before{opacity:0.06;}.kadence-column_fd9be8-bf{position:relative;}@media all and (max-width: 1024px){.kadence-column_fd9be8-bf > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column_fd9be8-bf > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column inner-column-1 kadence-column_fd9be8-bf\"><div class=\"kt-inside-inner-col\">\n<p><\/p>\n\n\n\n<p>The bond issuance performed by SIC in 2019 was the first bond issuance from a Portuguese Media Company. The operation enabled the Company to take advantage of the favourable context to raise financing, adjust its treasury plan and strengthen its financial structure significantly.<\/p>\n<\/div><\/div>\n<\/div><\/div><\/div>\n\n\n<style>.kadence-column_a091e5-6f > .kt-inside-inner-col{border-top-width:0px;border-right-width:0px;border-bottom-width:0px;border-left-width:0px;}.kadence-column_a091e5-6f > .kt-inside-inner-col,.kadence-column_a091e5-6f > .kt-inside-inner-col:before{border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-right-radius:0px;border-bottom-left-radius:0px;}.kadence-column_a091e5-6f > .kt-inside-inner-col{column-gap:var(--global-kb-gap-sm, 1rem);}.kadence-column_a091e5-6f > .kt-inside-inner-col{flex-direction:column;}.kadence-column_a091e5-6f > .kt-inside-inner-col > .aligncenter{width:100%;}.kadence-column_a091e5-6f > .kt-inside-inner-col:before{opacity:0.3;}.kadence-column_a091e5-6f{position:relative;}@media all and (max-width: 1024px){.kadence-column_a091e5-6f > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}@media all and (max-width: 767px){.kadence-column_a091e5-6f > .kt-inside-inner-col{flex-direction:column;justify-content:center;}}<\/style>\n<div class=\"wp-block-kadence-column inner-column-1 kadence-column_a091e5-6f\"><div class=\"kt-inside-inner-col\">\n<p style=\"font-size:12px\"><strong><em>The information presented is the responsibility of the respective companies<\/em><\/strong><\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SIC \u2013 Sociedade Independente de Comunica\u00e7\u00e3o, S.A. SIC is a subsidiary of Impresa \u2013 Sociedade Gestora de Participa\u00e7\u00f5es Sociais, S.A. and operates TV broadcasting, audiovisual and film production, as other media activities, namely, digital content. Additionally, the Company provides technical services in media, audiovisual and cinematographic, and digital television. Capital Markets On July 2019 SIC [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4113,"parent":0,"menu_order":7,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-4830","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/issuers-guide.buzzvel.work\/en\/wp-json\/wp\/v2\/pages\/4830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/issuers-guide.buzzvel.work\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/issuers-guide.buzzvel.work\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/issuers-guide.buzzvel.work\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/issuers-guide.buzzvel.work\/en\/wp-json\/wp\/v2\/comments?post=4830"}],"version-history":[{"count":6,"href":"https:\/\/issuers-guide.buzzvel.work\/en\/wp-json\/wp\/v2\/pages\/4830\/revisions"}],"predecessor-version":[{"id":10911,"href":"https:\/\/issuers-guide.buzzvel.work\/en\/wp-json\/wp\/v2\/pages\/4830\/revisions\/10911"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/issuers-guide.buzzvel.work\/en\/wp-json\/wp\/v2\/media\/4113"}],"wp:attachment":[{"href":"https:\/\/issuers-guide.buzzvel.work\/en\/wp-json\/wp\/v2\/media?parent=4830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}