MasterCard, which manages the well-known Mastercard, Maestro and Cirrus payment cards and offers related services to customers in 210 countries, filed an S-1 registration statement with the SEC on Thursday. During the last twelve months ended June 30, 2005, MasterCard generated nearly $2.8 billion in revenue and posted a solid operating cash flow margin of 21.9% (excluding settlement charges). While the company has yet to determine a price range for the deal, it plans to offer roughly 61.5 million shares and will have 135 million shares outstanding post IPO, according to the filing. Lead manager Goldman Sachs has yet to announce timing for the deal.
