Brazilian Lands Follow-on

Mills Estruturas e Servicos de Engenharia has raised BRL108m ($53m) through an equity follow-on, according to a source familiar with the sale. Shareholders in the Brazilian engineering firm sold 4.1m shares Friday through a sale process known as an accelerated book build, at BRL26.10 per share. The price represents a 1.2% premium to the previous day’s BRL25.80 close. BTG Pactual managed the sale. Mills closed at BRL26.20 Monday.