Brasilagro raises R $ 500 million in subsequent stock offering

 Brasilagro raises R $ 500 million in subsequent stock offering

The offer is primary (R $ 440 million), when the funds attend the company's cash, and secondary (R $ 60.177 million), when a current shareholder sells a part of his share



Brasilagro informed that it priced its subsequent offer of shares (follow-on) at R $ 22 per paper. With the sale of twenty-two,735,355 shares, the transaction raised R $ 500.177 million.


The offer is primary (R $ 440 million), when the funds attend the company's cash, and secondary (R $ 60.177 million), when a current shareholder sells a part of its stake. within the secondary offer, the selling shareholder was Autonomy Luxembourg One.



The primary tranche proceeds are going to be wont to acquire assets in Bolivia; acquisition of land for exploration and development of agricultural properties; and business to optimize and leverage the company's operational activities.

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