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Tags: Petrobras | Stock | Offering | Size

Petrobras Increases Massive Stock Offering Size

Friday, 17 September 2010 08:02 AM

Brazil state-run oil giant Petrobras said Friday that it would increase the number of shares available in its massive stock offering to meet additional investor demand.

The company said it would increase the so-called greenshoe option to 20 percent of the original offer, up from 10 percent previously. Petrobras filed earlier this month to sell up to $64.5 billion of new stock — the largest in capital markets history.

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Brazil state-run oil giant Petrobras said Friday that it would increase the number of shares available in its massive stock offering to meet additional investor demand.The company said it would increase the so-called greenshoe option to 20 percent of the original offer, up...
Petrobras,Stock,Offering,Size
68
2010-02-17
Friday, 17 September 2010 08:02 AM
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