November 8, 2019 / 11:50 AM / 13 days ago

Brazilian logistics firm Log-in to raise up to $244 mln in share offering - filing

SAO PAULO, Nov 8 (Reuters) - Brazilian logistics firm Log-in Logistica Intermodal will sell up to 51.3 million new shares in an offering expected to be priced on Nov. 21, it said in a securities filing.

The offering may raise up to 1 billion reais ($244 million) based on Thursday’s closing prices. It will be managed by the investment banking units of Goldman Sachs & Co, Itau Unibanco Holding SA, J. Safra and BNP Paribas.

$1 = 4.1004 reais Reporting by Tatiana Bautzer; Editing by Jan Harvey

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