Banco do Brasil announces $1.39 billion secondary share offering- filing [Reuters]
BANCO DO BRASIL SA S/ADR (BDORY)
NASDAQ:AMEX Investor Relations:
bb.com.br/pbb/pagina-inicial/investor-relations
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Source: Reuters
Banco do Brasil announces $1.39 billion secondary share offering- filing SAO PAULO, Oct 3 (Reuters) - State-controlled Banco do Brasil SA announced on Thursday a 5.75 billion real ($1.39 billion) secondary share offering. In a securities filing, the bank said it will sell up to 132.5 million common shares, owned by severance workers fund FGTS and the bank’s treasury. Considering closing prices on Wednesday, shareholders may raise 5.75 billion reais. $1 = 4.1239 reaisReporting by Tatiana BautzerEditing by Andrew Heavens Our Standards: The Thomson Reuters Trust Principles.
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