Rubens Ometto, Controlling Shareholder of Cosan S.A. (CSAN), Negotiates $141 Million Loan from Banco Bradesco

With significant upside potential, Cosan S.A. (NYSE:CSAN) secures a spot on our list of the 7 best oil and gas penny stocks to buy according to analysts.

According to a September 24 report by Bloomberg, Rubens Ometto, the controlling shareholder of Cosan S.A. (NYSE:CSAN), was negotiating a $141 million loan from Banco Bradesco to support his family office’s continued ownership of the company’s proposed capital increase.

The action follows persistent difficulties at Raízen and Moove, as well as Cosan S.A. (NYSE:CSAN)’s second-quarter 2025 results, which showed an EBITDA of almost $1.1 billion but a net loss of almost $190 million.

Furthermore, Cosan S.A. (NYSE:CSAN), which prioritizes debt reduction, revealed plans to raise as much as $1.9 billion in equity, supported by $140 million from Ometto himself, $380 million from Perfin Infra Fund, and $850 million from BTG Pactual.

Moreover, as Cosan S.A. (NYSE:CSAN) looks to repair its balance sheet and reassure investors after shares fell more than 20% on the restructuring news, the Bradesco loan would support Ometto’s involvement in the financing.

Cosan S.A. (NYSE:CSAN), one of the best oil and gas penny stocks, is a fuel distribution company operating both domestically in Brazil and abroad.

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