Localiza Rent a Car $488 million share offer

Overview:

• Localiza Rent a Car, a Brazilian car rental company, has issued 55,200,000 common shares for for R$1.8 billion ($488 million).
• BTG Pactual, Itau BBA USA Securities, Merrill Lynch Pierce, Fenner & Smith and JP Morgan Securities acted as placement agents. 

Rani Mehta - Latin America Editor