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5.4

Bradesco completes capital increase, raises R$9.7bn total

Bradesco concluded the second phase of its capital increase, raising R$3.179bn, bringing the total to R$9.720bn. The bank sold 48.7mn ON and 137.6mn PN shares at R$15.43 and R$17.64 respectively. This completes a planned capital raise, likely to bolster capital ratios, with residual share receipts to be traded.

Valor Econômicoabout 15 hours agoBRCredibility 41%View source

Score Breakdown

Mosaic Score5.4
Model confidence0.9
Significance0.5
Source credibility0.4

Intelligence Tags

#capital increase#bradesco#brazil#banking#equity offering

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