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Minerva Raises FO Equity

Nov 29, 2012

Minerva has priced a BRL557m ($267m) equity follow-on, bringing the first marketed Brazilian equity deal since July at a 4.3% discount. The meatpacker priced 43m primary shares and 7.5m secondary shares, including a 15% greenshoe and 20% hot issue,...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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