CPFL Energia $823.2 million secondary share offer

18/6/2019
Share offer

R$ 3.164 billion

Announced

18/6/2019


Overview:

  • CPFL Energia has issued 116,817,126 common shares worth $823.2 million (R$3.16 billion).
  • Santander Investment Securities and Itau BBA USA Securities acted as global coordinators.
  • Banco Bradesco, Banco BTG Pactual and Morgan Stanley acted as joint bookrunners.
  • Banco Itau, Banco Santander, Banco Bradesco, Banco BTG Pactual and Banco Morgan Stanley acted as Brazilian placement agents.

Rani Mehta - Latin America Editor 

Jurisdiction:

Brazil

Deal type:

Share offer

Practice area:

Capital markets : Equity

Industry sector:

Utilities