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Netshoes prices IPO at $18, the low end of the range

April 12, 2017
NETS

Netshoes, which is a leading shoe, fashion and beauty online retailer in Brazil, raised $149 million by offering 8.3 million shares at $18, the low end of the range of $18 to $20. Netshoes plans to list on the NYSE under the symbol NETS. Goldman Sachs, J.P. Morgan, Bradesco BBI, Allen & Company and Jefferies acted as lead managers on the deal.