Track & Field sets IPO mark

Track & Field sets IPO mark

Capital Markets IPO Equity Corporate & Sovereign Strategy Rule 400 Brazil Latin America

Brazilian sporting goods retailer Track & Field could raise as much as BRL845 million ($151 million) in an initial public offering (IPO) after it set the target price range at BRL10.65 to BRL14.95 per share, according to the preliminary prospectus. The São Paulo-based chain could raise BRL295 million in a primary offering of 19.7 million shares, or it could increase the size of the deal by 15%, or 7.37 million shares, and bring the total to BRL405 million. The founders and controlling shareh

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