Boa Vista hits target for IPO

Boa Vista hits target for IPO

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

Brazilian credit information company Boa Vista Serviços moved BR2.17 billion ($385 million) in its initial public offering (IPO) on Monday after pricing its shares in the middle of the target range. The Barueri-based company raised BRL1.3 billion in a primary offering of 107 million new shares for BRL12.20 each, including an over-allotment option that increased the size of the deal by 15%, or 23.2 million shares, Boa Vista said in a securities filing. The selling shareholders, local private equi

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