Brazil's Alupar Investimento S.A. plans to raise up to 1.16 billion reais ($574 million) in an initial public offering, the energy transmission and generation company said on Monday. The pricing is to take place on April 22, the company said in a regulatory announcement. Alupar plans to sell at least 40 million units at between 18.5 reais and 21.5 reais each, the announcement said.Each unit will consist of one common share and two preferred shares.An additional 14 million units could be offered as part of the transaction, the company said. Alupar hired the investment banking units of Ita� Unibanco Holding SA, BTG Pactual Group, Credit Suisse Group, Goldman Sachs and Banco Santander SA to handle the deal.
Credit Suisse Group AG (Credit Suisse) is a global financial services company. Shares of CS remained unchanged at $26.20. In the past year, the shares have traded as low as $16.09 and as high as $30.40. On average, 1909810 shares of CS exchange hands on a given day and today's volume is recorded at 0.
Source
