PetroRio, Omega price share sales

PetroRio, Omega price share sales

Capital Markets Corporate & Sovereign Strategy Equity Rule 476 Brazil Latin America

Brazilian oil and gas company PetroRio issued BRL2.05 billion ($375 million) worth of new shares on the B3 stock exchange in São Paulo as a shareholder in renewable energy producer Omega Geração earned BRL955 million in a sale of existing shares, according to securities filings. PetroRio priced 29.7 million shares at BRL69 each, while Omega set a price of BRL39 apiece for 24.5 million shares, the companies said in separate filings on Friday. Equity investment fund Bolt was the selling shareholde

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial