Fogo de Chao files for $75M IPO

Fogo de Chao files for $75M IPO

Company would operate one of the most profitable restaurants on the public market

Fogo de Chao Inc. will take its chain of highly profitable Brazilian steakhouses to Wall Street in an initial public offering that is expected to raise up to $75 million, the company said Monday.

The 35-unit Fogo de Chão chain, which is owned by Thomas H. Lee Partners, plans to use funds from the IPO to repay some of its $243 million in debt.

It would be the third restaurant IPO of the year, following the successful January

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