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SUPV News

Bank IPOs outperform even as broader sector struggles

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BNP subsidiary First Hawaiian (FHB) is set to raise $464 million in the largest bank IPO since RBS spin-off Citizens Financial (CFG) in September 2014. With over $19 billion in assets, it is Hawaii’s largest financial institution. ...read more

US IPO Weekly Recap: A LatAm bank and three minor health care IPOs struggle

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The past week saw four IPOs produce insignificant returns. All four deals finished the week at or above the offer price, but none gained more than 5%. The first bank IPO of 2016, Argentina-based Grupo Supervielle dual listed in New York and Buenos Aires; its...read more

Argentine bank Grupo Supervielle prices upsized IPO at $11, the low end of the range

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Grupo Supervielle, an Argentine bank with over $2 billion in assets, raised $281 million by offering 25.5 million ADSs at $11. It originally planned to raise $250 million by offering 20.8 million ADSs at a range of $11 to $13. Grupo Supervielle will dual list on...read more

US IPO Week ahead: Four more IPOs set up May 2016 to be most active month YTD

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There are four companies set to debut in the week ahead, but only one company with substantial revenue and profit - small-cap Argentinian bank Grupo Supervielle (SUPV). Three additional deals launched and are set to price in May including the...read more