IPO News Archive
Banco Santander Br quiet period ends November 15

11/10/09


Banco Santander Brasil, the fourth-largest bank in Brazil and a spin-off of Spanish bank Santander, will see its quiet period end next Sunday, Nov. 15. On October 6, 2009, the company raised $7 billion by offering 525 million shares at $13.40, within the expected range of $12.45 to $14.15. Santander Investment, Credit Suisse, and BofA Merrill Lynch acted as lead managers on the deal, which was October's largest global IPO.

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