March 7, 2018 / 8:59 PM / 9 months ago

Carlyle-backed Brazilian toy retailer sets price range for IPO

SAO PAULO, March 7 (Reuters) - Brazilian toy retailer Ri Happy Brinquedos SA set the price range for its initial public offering between 20.30 reais and 26.30 reais per share, according to a securities filing on Wednesday.

Ri Happy and its controlling shareholder, Carlyle Group LP , intend to raise around 861 million reais ($265.86 million) with the offering, with pricing scheduled for March 27.

$1 = 3.2385 reais Reporting by Carolina Mandl Editing by Leslie Adler

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