Bradesco Launches Up-to-US$1.96 Billion Capital Raise

Brazil · Business Key Facts —Maximum size Up to R$10 billion (~US$1.96 billion) in a private subscription restricted to existing shareholders. —Controller commitment The controlling bloc, including Fundação Bradesco and Cidade de Deus, committed up to R$8 billion (~US$1.57 billion). —Share price Common shares (BBDC3) priced at R$15.43 (~US$3.03); preferred shares (BBDC4) at R$17.64 (~US$3.46),…