Brazil-based CVC travel operator considering potential stock offering

CVC is the largest travel operator in Latin America and the largest retail tourism network in Brazil.

RIO DE JANEIRO, BRAZIL - CVC Brasil (CVCB3) reports that on June 7 it hired BTG Pactual (BPAC11) and Citi Group to provide financial advisory services for a potential primary stock offering.

Latin America's largest travel operator clarifies that it has not yet formally approved or defined the execution of the stock offering, so no terms or conditions have been set so far.

The potential stock offering is subject to the existence of favorable political and macroeconomic conditions, favorable conditions in the Brazilian and international capital markets, the satisfactory completion of the usual procedures in operations of this nature, among . . .

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