27 de julio de 2017 / 23:59 / hace 23 días

Brazilian reinsurer IRB prices IPO at 27.24 reais per share

SAO PAULO, July 27 (Reuters) - Brazilian reinsurer IRB Brasil Resseguros SA's initial public offering priced at 27.24 reais ($8.64) a share on Thursday, moving a less-than-expected 2 billion reais, according to data provided by the Brazilian Securities & Exchange.

The IPO moved 73.5 million shares, pricing at the bottom of the suggested range that went to 33.65 reais a share. The stocks is expected to start trading on Monday.

$1 = 3.1539 reais Reporting by Anthony Boadle; Editing by Leslie Adler

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