Inter&Co (INTR) boosts Banco Inter capital with R$300M Tier I notes
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Inter&Co, through its subsidiary Banco Inter S.A., issued subordinated financial bills structured as perpetual Tier I notes totaling R$300,000,000.00. These securities qualify as Additional Capital within Banco Inter’s reference equity under Brazilian Central Bank rules.
The financial bills include a repurchase option starting in 2031, which requires prior authorization from the Central Bank of Brazil. Management estimates the issuance will increase Banco Inter’s Basel Ratio by about 0.7 percentage point, based on its capital base as of December 31, 2025, strengthening regulatory capital levels.
Positive
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Negative
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Insights
Banco Inter adds R$300M in Tier I capital, modestly lifting its Basel ratio.
Banco Inter has issued subordinated financial bills classified as perpetual Tier I notes totaling R$300,000,000.00. Because these instruments qualify as Additional Capital, they support the bank’s loss-absorbing capacity under Brazilian prudential rules.
The bank expects roughly a 0.7% percentage point uplift to its Basel Ratio, calculated on the December 31, 2025 capital base. The notes include a call option from 2031, subject to Central Bank approval, so their long-term impact depends on future regulatory and funding conditions.
For investors, this issuance signals ongoing attention to regulatory capital strength. Subsequent disclosures for periods after December 31, 2025 will show how this additional Tier I capital interacts with loan growth, risk-weighted assets and profitability trends in shaping Banco Inter’s capital ratios.
Key Figures
Perpetual Tier I notes issuance: R$300,000,000.00
Basel Ratio impact: 0.7 percentage point
Capital base date: December 31, 2025
+1 more
4 metrics
Perpetual Tier I notes issuance
R$300,000,000.00
Amount of subordinated financial bills issued as perpetual Tier I notes
Basel Ratio impact
0.7 percentage point
Estimated uplift to Banco Inter’s Basel Ratio from the issuance
Capital base date
December 31, 2025
Date of capital base used to calculate Basel Ratio impact
Repurchase option start
2031
Year when Banco Inter may first exercise repurchase option, subject to approval
Key Terms
Subordinated Financial Bills, Perpetual Tier I Notes, Additional Capital, Basel Ratio, +1 more
5 terms
Subordinated Financial Bills financial
"has issued Subordinated Financial Bills (“Financial Bills”) in negotiations with professional investors"
Perpetual Tier I Notes financial
"Perpetual Tier I Notes ("LFSC") were issued in the amount of R$300.000.000,00"
Additional Capital financial
"the Financial Bills will compose the Additional Capital of Banco Inter’s Reference Equity"
Basel Ratio financial
"with an approximated estimated impact of 0,7 percentage point on its Basel Ratio"
Reference Equity financial
"Additional Capital of Banco Inter’s Reference Equity with an approximated estimated impact"
United States Securities and Exchange Commission
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of December 2025
Commission File Number 132-02847
(Exact name of registrant as specified in its charter)
N/A
(Translation of Registrant’s executive offices)
(Address of registered executive offices)
Av Barbacena, 1,219, 22nd Floor
Belo Horizonte, Brazil, ZIP Code 30 190-131
(Address of principal executive office)
Telephone: +55 (31) 2138-7978
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes ☐ No ☒
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes ☐ No ☒
EXHIBIT INDEX
| Exhibit No. | Description of Exhibit | |||||||
| 99.1 | Issuance of Subordinated Financial Bills | |||||||
1
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| INTER & Co, INC. | |||||||||||
| By: | /s/ Rafaela de Oliveira Vitoria | ||||||||||
| Name: | Rafaela de Oliveira Vitoria | ||||||||||
| Title: | Head of Investor Relations | ||||||||||
Date: April 8, 2026
INTER&CO, INC BANCO INTER S.A. ANNOUNCES ISSUANCE OF SUBORDINATED FINANCIAL BILLS INTER & CO, INC. (NASDAQ: INTR; B3: INBR32) (“Inter&Co” or “Company”) hereby announces that Banco Inter S.A. (“Banco Inter”) has issued Subordinated Financial Bills (“Financial Bills”) in negotiations with professional investors. Perpetual Tier I Notes ("LFSC") were issued in the amount of R$300.000.000,00 (three hundred million reais). The Financial Bills have a repurchase option starting in 2031, subject to prior authorization by the Central Bank of Brazil, as detailed in the transaction documents. In accordance with Resolutions No. 122 and No. 5007 of the Central Bank of Brazil, the Financial Bills will compose the Additional Capital of Banco Inter’s Reference Equity with an approximated estimated impact of 0,7 percentage point1 on its Basel Ratio. Belo Horizonte, April 8, 2026 RAFAELA DE OLIVEIRA VITÓRIA Investor Relations Officer ___________ Note 1: Calculated on the capital base of December 31, 2025.
FAQ
What did INTER & Co (INTR) announce in this 6-K filing?
INTER & Co announced that its subsidiary Banco Inter S.A. issued subordinated financial bills classified as perpetual Tier I notes totaling R$300,000,000.00. These instruments are designed to strengthen Banco Inter’s regulatory capital as part of its reference equity under Brazilian Central Bank rules.
What is the size of Banco Inter’s new subordinated financial bills issuance?
Banco Inter issued subordinated financial bills in the amount of R$300,000,000.00 (three hundred million reais). The notes are structured as perpetual Tier I instruments, qualifying as Additional Capital in the bank’s reference equity under applicable Central Bank of Brazil regulations.
How will the R$300 million Tier I notes affect Banco Inter’s Basel Ratio?
The subordinated financial bills are expected to add to Banco Inter’s Additional Capital and increase its Basel Ratio by about 0.7 percentage point. This impact is calculated using the bank’s capital base as of December 31, 2025, according to the company’s estimate.
When can Banco Inter repurchase the newly issued subordinated financial bills?
The financial bills include a repurchase option starting in 2031. Exercising this call feature depends on prior authorization by the Central Bank of Brazil, as specified in the transaction documents that govern the terms of the perpetual Tier I notes issuance.
How are the new subordinated financial bills treated for regulatory capital purposes?
Under Brazilian Central Bank Resolutions 122 and 5007, the subordinated financial bills qualify as Additional Capital within Banco Inter’s Reference Equity. This classification allows the R$300 million perpetual Tier I notes to contribute directly to meeting prudential capital requirements.
Which INTER & Co executive signed the subordinated financial bills announcement?
The announcement regarding the issuance of subordinated financial bills was signed by Rafaela de Oliveira Vitória, Investor Relations Officer. She also appears in the Form 6-K signature block as Head of Investor Relations for INTER & Co, reflecting her responsibility for market communications.