Vamos prices second share sale this year

Vamos prices second share sale this year

Equity Brazil Capital Markets

Brazil's Vamos Locação, a truck rental company owned by Simpar, raised BRL1.1 billion ($206 million) in its second follow-on equity offering this year after pricing its shares at a discount, according to a securities filing. The São Paulo-based company issued 65.6 million shares for BRL16.75 each in a restricted offering arranged by Bradesco BBI, Itaú BBA, JPMorgan, Santander, UBS and XP Investimentos, it said in a filing on Thursday. It added that it will use the money to buy more trucks and eq

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