Cury Construtora e Incorporadora SABMFBOVESPA: CURY3

Brazil's Cury raises $106 million in share offering for dividend payment

· Issued by Cury Construtora e Incorporadora SA

On 6ix: 6ix.com/news/brazils-cury-raises-dollar106-million-in-share-offering-for-dividend-payment

Brazilian homebuilder Cury BMFBOVESPA:CURY3 has raised around 574 million reais ($106 million) in a follow-on share offering, it said in a securities filing early on Friday.

  • The offering was priced at 35.50 reais per share, the company said, in line with its Thursday closing price.

  • Cury announced the offering earlier this month, saying that proceeds would be used for dividend payments.

  • Itau BBA, BTG Pactual, Bank of America and Caixa Economica Federal acted as bookrunners.

($1 = 5.4053 reais)

Cury Construtora e Incorporadora SA on 6ix

Story so far

Earlier from Cury Construtora e Incorporadora

Later from Cury Construtora e Incorporadora

All Cury Construtora e Incorporadora news releases