7-Apr-2017 4:48 PM

Azul plans IPO

Azul announced (06-Apr-2017) plans for the launch an IPO expecting to raise BRL1.5 billion (USD481 million) for 72 million shares with offering shares priced between BRL19 (USD6.04) and BRL23 (USD7.31). Primary distribution will be of 63 million preferential shares, with secondary distribution will be of nine million preferential shares. [more - original PR - Portuguese]

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