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Slideshow IPOs

By The Online Investor Staff, updated Thu., May. 26, 12:21 PM

Slide #2. Grupo Supervielle S.A. Initial Public Offering

Company: Grupo Supervielle S.A.
Proposed Symbol: SUPV
Shares Offered: 127,500,077
Price Per Share: $11.00
Over-Allotment: 19,125,010
Description: Grupo Supervielle S.A. (the "Company"), an Argentine financial group, together with one of the Company's shareholders, announced today the pricing of the underwritten initial public offering of the Company's Class B Shares (the "Shares"), which may be represented by American Depositary Shares ("ADSs"), as part of a global offering of 127,500,077 Shares. The global offering consisted of (a) an international offering in the United States and countries outside of Argentina of 23,594,189 ADSs at a price of US$11.00 per ADS and (b) a concurrent offering in Argentina of 9,529,132 Shares at a price of US$2.20 per Share. The offering has been made pursuant to a registration statement on Form F-1 with the Securities and Exchange Commission (the "SEC"). Each ADS represents five Shares. In connection with the offering, the Company has granted the international underwriters the option to purchase up to 19,125,010 additional Shares represented by ADSs. The ADSs are expected to begin trading on the New York Stock Exchange on May 19, 2016, under the ticker symbol "SUPV".

IPOs: Grupo Supervielle S.A.

May 26, 2016    12:21 PM Eastern

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