Afya prices follow-on in US market

Afya prices follow-on in US market

Equity Capital Markets Corporate & Sovereign Strategy Brazil US

Brazilian medical education group Afya said on Friday that it priced a follow-on equity offering on the Nasdaq stock exchange in New York, raising $342 million for the selling shareholders. The shareholders, which include the Brazilian asset management firm Crescera, offloaded 9.41 million common shares for $27.50 each and gave the underwriters 30 days to buy up to another 1.86 million shares, which would increase the size of the deal by $51.3 million, according to a statement from Afya. The und

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