Renaissance Capital logo

Afya prices IPO at $19, above the range

July 18, 2019
AFYA

Afya, a Brazilian for-profit medical and healthcare education group, raised $261 million by offering 13.7 million shares at $19, above the range of $16 to $18. Afya plans to list on the Nasdaq under the symbol AFYA. BofA Merrill Lynch, Goldman Sachs, UBS Investment Bank, Itau BBA, Morgan Stanley, BTG Pactual and XP Investimentos acted as lead managers on the deal.