Amil, Brasil Brokers Equity Expected

Amil, one of Brazil’s largest healthcare service providers, was expected to price late Thursday an IPO. The company was looking to sell 100m shares at BRL13.50-BRL18.50, with bankers on the deal expecting strong interest. A banker away from the deal said it had settled at BRL14.00. Also expected to close books was Brasil Brokers, a Brazilian real estate broker looking to sell 736,000 shares at BRL950-BRL1,200, according to Dealogic. Doubts swirled around the offering as it was the latest of a long string of small real estate companies looking to sell shares, the last few of which came at hefty discounts to the proposed ranges. Credit Suisse and Morgan Stanley had joint books.