Practice Areas - Equity Capital Markets Law Firms and Lawyers
| Deal Date: | 19-09-2017 | Practice Area: | Equity Capital Markets |
| Deal Title: | Grupo Supervielle - ADS Offering on NYSE | Industry: | Financial Services |
| Description: |
Davis Polk advised the joint bookrunners in connection with the international public offering by Grupo Supervielle S.A. and one of its shareholders of 20,155,453 American Depositary Shares, including 2,916,546 ADSs sold pursuant to the full exercise of the underwriters' over-allotment option, each representing five of its Class B shares, at a price per ADS of USD20.00. The international offering was part of a global offering that also included a concurrent offering of 12,410,957 Class B shares in Argentina. In addition, 5,261,775 Class B shares were subscribed pursuant to a preemptive and accretion rights offering in Argentina. The global offering raised gross proceeds of approximately USD473.8 million. The ADSs were listed on the New York Stock Exchange under the symbol SUPV.
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| Financial Center: | New York | Value: | 100.01-500.00 |
| Advised Party: | Lead Manager | Law Firm | Davis Polk |
| Issuer Jurisdiction - | Argentina | Listing Jurisdiction - | United States |
| Classification: |
Secondary Offerings and Placings NYSE: |
Lawyer | Nicholas A Kronfeld |
