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Provider: Thomson Reuters Stock Report
Provider: Pechala's Reports
Provider: Reuters Investment Profile
Provider: Pechala's Reports

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Globant SA prices initial public offering

Friday, 18 Jul 2014 08:01am EDT 

Globant SA:Prices initial public offering of 5,850,000 common shares at a price to the public of $10.00 per share.Says it is issuing and selling 4,350,000 common shares and the selling shareholders are selling a total of 1,500,000 common shares.Shares are expected to begin trading on the NYSE on July 18, 2014, under the symbol GLOB.Intends to use the net proceeds from the offering for capital expenditures and investments, for general corporate purposes and to repay indebtedness.Says it will not receive any proceeds from the sale of common shares to be offered by the selling shareholders.J.P. Morgan Securities LLC, Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC are acting as joint book-running managers for the offering.William Blair & Company, L.L.C., Cowen and Company, LLC and LOYAL3 Securities, Inc. are acting as co-managers. 

Company Quote

-0.11 -0.36%
6 Jul 2015