Cencosud Shopping SSE IPO

Overview:

• Cencosud Shopping, which operates shopping centres in Latin America, raised $1.03 billion with its IPO on the Santiago Stock Exchange.
• The company listed 472 million shares of common stock which make up 28% of its outstanding capital stock. 
• This was the largest IPO ever launched on the Santiago Stock Exchange. 
• JP Morgan Securities and BofA Securities acted as international agents. 

Rani Mehta - Latin America Editor