Argentina’s Supervielle Ends Country’s Two-Year IPO DroughtBy
IPO marks first equity offering since Globant SA’s sale
Financial group raises $280 million in stock offering
Argentina’s Grupo Supervielle SA, controller of lender Banco Supervielle SA, rallied in its trading debut after raising $280 million in the country’s first initial public offering in two years. It sold the shares at the low end of its projected range.
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