Back to Main

EVERTEC prices upsized IPO at $20, at the high end of the range

By: Renaissance Capital
Posted: 4/11/2013 6:42:00 PM
Referenced Stocks: EVTC

EVERTEC, a leading full-service transaction processor in Puerto Rico and Latin America, raised $505 million by offering 25.3 million shares at $20, at high end of the range of $18 to $20. The company initially planned to offer 21.1 million shares. EVERTEC will list on the NYSE under the symbol EVTC. Goldman Sachs and J.P. Morgan acted as lead managers on the deal.