Brazil’s Helbor Readies IPO

Brazilian real estate company Helbor Empreendimentos plans to raise up to BRL443.7m in an IPO, it says in a regulatory filing. It will begin selling 21.1m shares October 25, at BRL16-BRL21. Investors can reserve shares October 17 through October 22. It will offer 3.17m additional shares if there is sufficient demand. Bradesco is leading the transaction, with UBS Pactual and Banco Safra in the group.