Auna, which provides healthcare plans and operates hospitals in Peru, Colombia, and Mexico, raised $360 million by offering 30 million shares at $12, below the range of $13 to $15. A new investor had indicated on $100 million worth of shares in the offering (28% of the deal).
Auna was originally founded in 1989 as Oncosalud, a healthcare coverage provider selling prepaid plans for cancer prevention and detection. The company now operates 15 hospitals and 16 outpatient, prevention, and wellness facilities across Mexico, Peru, and Colombia, including three hospitals specializing in oncology, while also continuing to provide oncology healthcare plans.
Auna plans to list on the NYSE under the symbol AUNA. Morgan Stanley, J.P. Morgan, BTG Pactual, Santander, Citi, and HSBC acted as joint bookrunners on the deal.