Brazil's CPFL increases share offer by 15% -filing [Reuters]
CPFL ENERGIA (CPL)
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cpfl.riweb.com.br
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Source: Reuters
Brazil's CPFL increases share offer by 15% -filing BRASILIA, June 27 (Reuters) - Brazilian electric utility CPFL Energia SA on Thursday said it increased the size of its follow-on share offering by 15% using an over-allotment provision to sell some 17.5 million additional shares. Including the over-allotment, CPFL will raise 3.7 billion reais ($969 million) in the share offering of exclusively new common shares, it said in a securities filing. ($1 = 3.8192 reais) (Reporting by Jake Spring; editing by Jonathan Oatis) Our Standards: The Thomson Reuters Trust Principles.
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