Brazilian airline Azul Linhas Aéreas Brasileiras has raised US$571.2m in an initial public offering in the US and Brazil. Investors in Azul include TPG Growth.

(WSJ) SÃO PAULO— Azul Linhas Aéreas Brasileiras SA, AZUL +6.73% Brazil’s third-largest airline by passengers, said it raised $571.2 million in an initial public share offering Monday in Brazil and in the U.S., and will begin trading Tuesday morning.

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