Multiplan inks capital increase

Multiplan inks capital increase

Brazil Equity

Multiplan has raised BRL592m ($192m) from a capital increase this week, after selling 10.1m shares for BRL58.50 each.Shareholders bought 98.7% of the shares on offer. The remaining 131,121 shares are available until February 22, the Brazilian real estate company said in a statement.Itau BBA is the bookkeeping agent on the share sale. Multiplan’s board approved the capital increase last month. S&P Global Ratings said the capital increase will not have an immediate effect on Multiplan's rating

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