Law360 (July 19, 2019, 2:00 PM EDT) -- A trio of companies, including a Latin American asset manager, made their public debuts Friday, hitting the market a day after pricing shares in initial public offerings that brought in a total of $1 billion.
The largest of the three IPOs was for Peruvian banking, insurance and wealth management services provider Intercorp Financial Services Inc., which brought in $414 million.
The Shearman & Sterling LLP-led company sold 9 million shares at $46 apiece, within the company’s previously announced price range of $44 to $50.
Intercorp said underwriters for the offering have the ability to acquire an additional 1.35 million shares, which...
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