Netshoes prices IPO at low end of range

Netshoes prices IPO at low end of range

Brazil Equity Funds

Netshoes has raised $149m in a New York-listed IPO, selling 8.25m shares at the bottom of the targeted price range. Allen & Company, Bradesco, Goldman Sachs, Jefferies and JPMorgan priced the shares at $18 apiece, after putting the range between $18 and $20 per share, Netshoes said in a securities filing. The bookrunners have 30 days to exercise the greenshoe option to sell another 1.24m shares.The online retailer filed for an NYSE-listed equity offering last month and became the s

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