Telefonica Brasil Announces Launch of Equity Offering

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Go back to Telefonica Brasil Announces Launch of Equity Offering

Telefonica Brasil (VIV) Launches 219.95M Preferred Offering

March 26, 2015 11:57 AM EDT

Telefonica Brasil (NYSE: VIV) announced the launch of an offering of 219,950,615 preferred shares (or up to 7,746,660 preferred shares if the international and Brazilian underwriters' options to purchase additional shares are exercised in full) as part of a global offering, which consists of an international offering in the United States and other countries outside Brazil and a concurrent offering of common shares and preferred... More