JHSF fixes price for follow-on

JHSF fixes price for follow-on

Equity Capital Markets Rule 476 Brazil

Brazil's JHSF said it stands to earn BRL513 million ($122 million) on the B3 stock exchange after it priced a follow-on offering at BRL4.75 per share. The São Paulo-based real estate company will issue 108 million shares, including supplemental lot of 28 million shares, and increase its capital to BRL1.44 billion, JHSF said in a securities filing. Shares in JHSF rose 2.75% after the announcement to close at BRL5.24 on Thursday. Arranged by BTG Pactual and Bradesco BBI, the offering was more than

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