Brazil’s Sanepar files for equity follow-on

Brazil’s Sanepar files for equity follow-on

Equity

Companhia de Saneamento do Parana (Sanepar) is planning a primary and secondary offer of shares, making it the fourth Brazilian company in the equity pipeline. The local and 144A sale will include preference shares issued by the company as well as those held by the Parana state government, according to a prospectus filed on Tuesday. The Parana state owns 56.75% of the water and wastewater firm. Domino Holdings owns 15.41%, and the remainder is in free float. The number of shares being put up for

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