Omega bets on greenshoe after shares jump

Omega bets on greenshoe after shares jump

Brazil Equity

Omega Geracao has opted to sell its greenshoe allotment of shares, betting on a spike in its stock price since going public last month, LatinFinance understands. The Brazilian renewable energy developer raised BRL734m ($234m at the time) at the end of July, leaving open an option to sell another BRL55.06m in equity. Bookrunners Bank of America Merrill Lynch, Bradesco, BTG Pactual, Itau BBA, Santander and XP Investimentos will underwrite the 3.53m shares in the greenshoe, according t

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