STXNEWS LATAM-CPFL Renováveis pushes back IPO bookbuilding

Fri Jun 28, 2013 7:41pm EDT

CPFL Energias Renováveis SA, the alternative energy unit of Brazilian utility CPFL Energia SA, said on Friday it would begin building the book for its initial public offering on July 8, pushing the date back four days from its original plans.

The company said the rest of its IPO timeline was unchanged, with shares set to price July 17 and begin trading July 19.

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