Afya lists shares in US

Afya lists shares in US

IPO Equity Capital Markets Brazil US

Brazil's Afya said it raised at least $261m from an IPO in New York last week, pricing its shares at $19 apiece. The company earned $225m from the sale of 11.8m shares on the Nasdaq exchange, while other shareholders, including the Brazilian private equity firm Crescera, collected $36.4m from the sale of 1.92m shares. The IPO could move another $29.2m if the underwriters decide to buy up to an additional 2.06m shares, Afya said in a statement. The underwriters are Bank of America, Goldman Sachs

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