Mutliplan to Meet Investors

Mutliplan to Meet Investors

Brazil Equity

Brazil's Multiplan is to begin investor meetings Thursday ahead of an equity follow-on targeting more than BRL600m ($309m), with pricing scheduled for March 27, according to a prospectus. To raise funds for growth, the mall operator is planning on selling 10.4m shares, assuming a 15% greenshoe. This would indicate a BRL610m deal based on Monday's BRL58.67 closing price. A 20% hot issue is also possible. In previous documents, Multiplan had estimated starting a roadshow next week and pricing in t

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial