September 27, 2021 |
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
Brazilian truck rental company raises $206 mln in a follow-on offering to buy more vehicles and equipment