PagSeguro Digital, which provides online and in-store payment services for small businesses in Brazil, raised $2.3 billion by offering 105.4 million shares (52% insider) at $21.50, above the range of $17.50 to $20.50. It originally planned to offer 92.1 million shares (53% insider). PagSeguro Digital plans to list on the NYSE under the symbol PAGS. Goldman Sachs, Morgan Stanley, BofA Merrill Lynch, Bradesco BBI, Credit Suisse, Deutsche Bank, Itau BBA and J.P. Morgan acted as lead managers on the deal.
