3R Petroleum prices IPO

3R Petroleum defined between R $ 24.50 and R $ 31.50 the indicative price range for its initial public offering (IPO). Launch is scheduled for November 9. Considering the middle of the range, of R $ 28.00, and the number of 28,571,429 shares of the base offer, the operation may handle R $ 800 million. The offer will be primary.

– There is also the possibility of an additional lot of up to 20%, or 5,714,285 shares, and an additional lot of up to 15%, or 4,285,714 shares. In this case, even considering the middle of the indicative range, the total offer would rise to R $ 1.080 billion.

Source: Valor

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