Amadeus IT Holding, S.A. has priced the Initial Public Offering (IPO) of 119,684,662 of its shares at 11.00 Euro per share implying a value of 100 per cent of the company’s equity of 4.93 billion Euro. This price is above the midpoint of the 9.20-12.20 Euro per share range indicated on April 14, 2010. The offering was over-subscribed at the offering price and was structured as a single global tranche for qualified Spanish and International investors.
Goldman Sachs International, J.P. Morgan and Morgan Stanley are acting as Joint Global Coordinators and Joint Bookrunners of the offering. Rothschild is acting as financial advisor to Amadeus in connection with the offering. Amadeus has been advised by Freshfields Bruckhaus Deringer LLP on the offering and the Joint Global Coordinators have been advised by Uría Menéndez, as to Spanish law, and Davis Polk & Wardwell LLP, as to U.S. law.
As per the company release, the listing of the Company’s shares on the Madrid, Barcelona, Bilbao and Valencia Stock Exchanges is expected to begin today. Amadeus IT Holding, S.A will trade under the symbol AMS. |