Adecoagro (AGRO) said early Friday it priced an underwritten offering of about 41.4 million shares at $7.25 apiece for gross proceeds of roughly $300 million.
The company said it granted underwriters a 30-day option to purchase up to an additional 1.1 million shares.
The offering is expected to close on Monday.
Shares were over 2% lower in premarket trade.
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