September 17, 2021
Brazil's Vamos Locação, a truck rental company owned by Simpar, could raise BRL1.06 billion ($202 million) in an upcoming share sale to buy more trucks and equipment, it said in a securities filing on Thursday.
BTG Pactual will lead the restricted offering under Rule 476 with Bradesco BBI, Itaú BBA, JPMorgan, Santander, Santander, UBS and XP Investimentos as bookrunners, according to the filing.
Vamos plans to sell at least 32.8 million shares, which could be worth BRL530 million, but it could
Brazilian truck rental company aims for $202 mln in its second equity offering this year