Brazil's PagSeguro IPO prices above top of range at $21.50 -source

By Kitco News / January 23, 2018 / www.kitco.com / Article Link

SAO PAULO, Jan 23 (Reuters) - Brazilian credit card processing firm PagSeguro Digital Ltd priced its initial public offering at $21.50 per share, above the set price range, according to a source with direct knowledge of the matter.

Strong demand led underwriters to increase the size of the offering, the source added, asking for anonymity because no authorization had been given to discuss the matter publicly.


(Reporting by Carolina Mandl; Editing by Tom Brown)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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