PagSeguro sizes share sale

PagSeguro sizes share sale

Equity Capital Markets Corporate & Sovereign Strategy Asset Management Funds Brazil

Brazil's PagSeguro could move up to $761m in an upcoming share sale, the payment processing company's second follow-on offering in 15 months, based on the closing price on Wednesday. The São Paulo-based company said its controlling shareholder, the digital content company Universo Online, or UOL, will sell at least 16.8m common shares in PagSeguro on the New York Stock Exchange (NYSE). UOL has also allowed the underwriters Goldman Sachs and Morgan Stanley to sell an additional 2.51m shares withi

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