CCR Sells US$1.3 Billion Of Stock To Expand

The Brazilian toll road operator Companhia de Conçessöes Rodoviarias (CCR), sold in the Sâo Paulo and New York stock markets in mid-February a Reais 4-billion (US$1.3 billion) share offering restricted to institutional investors. The original offering was for US$1.1 billion, but strong investor demand boosted it to $1.3 billion.

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About Bill Reinhardt

Editor of Public Works Financing newsletter
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