SAO PAULO (Reuters) -Brazilian chemical firm Unigel will launch an initial public offering (IPO) in Singapore in the next few months, Brazilian newspaper Valor Economico reported on Thursday, citing sources.
Unigel’s IPO would come after the firm last month finished restructuring 5.1 billion reais ($885.16 million) in debt.
Unigel did not immediately respond to a request for comment outside normal business hours in Brazil.
The deal in Singapore could happen in three to six months, Valor added.
Unigel, which operates in segments such as fertilizers and acrylics, reported net revenues of 806 million reais for the third quarter.
($1 = 5.7617 reais)
(Reporting by Andre Romani; Editing by Kylie Madry)
