# Financial restructuring of Brazil's Correios

> Live situation record from CLSTR: https://clstr.news/situations/financial-restructuring-of-brazils-correios
> Updated: 2026-09-10T00:15:16.000Z. Sources: 54. Developments: 2.

The Brazilian state-owned postal service, Correios, is facing significant financial instability characterized by substantial net losses. In the first half of 2026, the company reported an accumulated loss of R$ 5.5 billion, representing a 30.36% increase compared to the same period in 2025.

To address these deficits, Correios has sought external financing, including a formal request for a R$ 7 billion loan from private banks requiring a National Treasury guarantee. This follows a previous R$ 12 billion loan obtained in late 2025. In response to these fiscal challenges, the Brazilian federal government announced a R$ 6 billion capital injection to be included in the 2027 Annual Budget Law as part of a broader restructuring plan. The government intends to fund this through fiscal adjustment measures and spending reviews.

## Claims

- Correios has formalized a request for a R$ 7 billion loan from private banks. (corroborated by 4 sources)
- The new loan operation depends on a guarantee from the National Treasury. (corroborated by 4 sources)
- Correios recorded a net loss of R$ 5.55 billion in the first half of 2026. (corroborated by 4 sources)
- Correios suspended the management of payroll loans conducted by Safe Consig on the Artemis platform. (corroborated by 2 sources)
- Existing payroll loan contracts and Postalis pension fund loans are not affected by the suspension. (corroborated by 2 sources)
- The Federal Police is investigating if lobbyist Roberta Luchsinger intermediated the business between Safe Consig and Correios. (corroborated by 2 sources)
- A draft contract found on Luchsinger's phone stipulates a 50% commission for her consultancy on Safe Consig sales. (corroborated by 2 sources)
- Correios will assume management of the service, with new operations expected to resume on October 1st. (corroborated by 2 sources)

## Timeline

### 2026-09-10: Correios seeks R$ 7 billion loan amid financial losses and investigation

Correios is seeking a R$ 7 billion loan to combat rising deficits while facing a Federal Police investigation into a payroll loan contract involving lobbyist Roberta Luchsinger.

14 sources. https://clstr.news/cluster/correios-suspends-safe-consig-payroll-loan-contract-amid-investigation

### 2026-08-29: Correios to receive R$ 6 billion injection in 2027 budget

The Brazilian government will allocate R$ 6 billion to Correios in the 2027 budget to support its restructuring, following significant recent losses and as part of broader fiscal adjustment measures.

45 sources. https://clstr.news/cluster/flvio-bolsonaro-defends-sponsorship-for-dark-horse-film

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Cite as: Financial restructuring of Brazil's Correios. CLSTR, https://clstr.news/situations/financial-restructuring-of-brazils-correios