trending Market Intelligence /marketintelligence/en/news-insights/trending/KcL3y6m9UPnAun0MgoKLOw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Banco do Brasil closes 5.84B reais follow-on offering

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Banco do Brasil closes 5.84B reais follow-on offering

Banco do Brasil SA on Oct. 23 closed its secondary share offering, which was priced at 44.05 Brazilian reais per share and generated about 5.84 billion reais for the selling shareholders.

The offering comprised 132,506,737 Banco do Brasil shares, with the bank off-loading 64,000,000 shares held in treasury and workers' severance fund FI-FGTS selling 68,506,737 shares.

As of Oct. 23, US$1 was equivalent to 4.06 Brazilian reais.