September 17, 2010 / 2:03 PM / 9 years ago

FACTBOX-Petrobras plans for world's biggest stock offer

SAO PAULO, Sept 17 (Reuters) - Brazil’s state-run oil company Petrobras (PETR4.SA) (PBR.N) increased on Friday the size of its massive offering, adding more stock to meet investors’ demand.

The company filed in early September to sell 2.17 billion new common shares and 1.59 billion new preferred shares to fund a large investment plan to tap deepwater oil reserves. Petrobras said on Friday it could sell an additional 940 million shares in the so-called greenshoe option, compared with an original option to sell 564 million shares.

Petrobras could issue up to $79 billion worth of shares, dwarfing a previous offering record set in 1987 by Japan’s biggest phone company, Nippon Telegraph and Telephone (9432.T), with the sale of $36.8 billion of shares.

Another large offering in capital markets recently was the initial sale of Agricultural Bank of China that raised $22.1 billion.

Here is a list of the world’s biggest stock sales, including IPOs: YEAR ISSUER COUNTRY PROCEEDS —————————————————————————————— 2010 Petrobras (PETR4.SA) Brazil $79 billion

planned maximum* 1987 NTT 9432.T Japan $36.8 billion 2008 RBS RBS.L UK $24.4 billion 2009 Lloyds LLOY.L UK $22.5 billion 1988 NTT 9432.T Japan $22.4 billion 2010 AgBank 601288.SS China $22.1 billion 2006 ICBC 0349.HK China $22 billion 2008 Visa V.N US $19.7 billion 2009 HSBC HSBA.L UK $19.4 billion 2007 Fortis Belgium $19.3 billion 2009 Bank of America BAC.N US $19.3 billion 1998 NTT DoCoMo 9437.T Japan $18.1 billion Source: Thomson Reuters Data * stock offering hasn't taken place yet Compiled by Elzio Barreto, editing by Dave Zimmerman

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