Afya Limited has announced the first issuance of book-entry commercial notes through its wholly owned subsidiary, Afya Participações S.A., via a private placement to Opea Securitizadora S.A. The aggregate principal amount of the Commercial Notes is R$1,500.0 million, divided into two series. The First Series is valued at R$500.0 million, set to mature on October 15, 2028, with an interest rate equal to the Brazilian daily interbank deposit rate (Depósito Interfinanceiro) plus a 0.70% spread per year. The Second Series is valued at R$1,000.0 million, maturing on October 15, 2030, and carries an interest rate equal to the Brazilian daily interbank deposit rate plus a 0.85% spread per year. The proceeds from the issuance are intended for general corporate purposes, including the early redemption of existing debentures, repurchase of Series A perpetual convertible preferred shares, and liability management. The Commercial Notes will be guaranteed by several Afya subsidiaries.