Linx prices share sale

Linx prices share sale

Equity Capital Markets Brazil US

Brazil's Linx said it has priced a follow-on offering, looking to raise as much as BRL1.34bn ($347m) from the sale of 37.2m shares for BRL36 each. The São Paulo-based software company has moved at least 32.8m shares for BRL1.18bn and given the underwriters 30 days to sell another 4.39m shares for BRL158m, Linx said in a securities filing. Linx has also priced American depositary shares (ADSs) at $9.40 each. Goldman Sachs is leading the share sale with Morgan Stanley, Jefferies, Bank of America a

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