Notice to the Market – 2nd issue of promissory notes


NOTICE TO THE MARKET

JSL S.A. (“JSL” or “Company”) hereby announces that the Board of Directors’ Meeting held on November 13, 2018 (“Board of Directors’ Meeting”) approved the 2ndissue of promissory notes, totaling R$200,000,000.00, pursuant to Instruction 566 of the Brazilian Securities Exchange (“CVM”), of July 31, 2015, as amended (“Issue” and “Promissory Notes”, respectively), which will be subject to public distribution with restricted placement efforts, pursuant to CVM Instruction 476, of January 16, 2009, as amended, intermediated by Banco Bradesco BBI S.A. (“Bradesco BBI”).

The Promissory Notes are due in up to 180 days, with payment, on the maturity date, of the principal plus interest equivalent to 123.00% of the accumulated variation of the DI Rate (“Remuneration”).

The Issue is a bridge funding instrument to reinforce the Company’s working capital as part of the regular management of the business and, at the end of the 180-day period, will be replaced by another debt instrument to be timely announced, which will include the firm guarantee of Bradesco BBI and will have the same Remuneration and a total term of 5 years after the Issue of the Promissory Notes.

This notice is solely for information purposes, pursuant to the current legislation, and should not be interpreted as a sales and/or disclosure material for the Promissory Notes.

Investor Relations Area:

Phone: +55 (11) 2377-7178
ri@jsl.com.br
www.jsl.com.br/ir