Macro markets equity sale

Macro markets equity sale

Bonds Structured Finance Argentina Equity M&A

Argentina's Banco Macro has begun marketing a follow-on equity offering, looking to raise around $760m for acquisitions and organic growth plans.The bank is offering 74m ordinary shares in an all-primary sale, with another 11.1m earmarked for the overallotment options. Macro will also offer American depositary shares, with each ADS equal to 10 common shares. The base deal will increase the bank's outstanding shares by 12.7%. Goldman Sachs is the global coordinator and joint bookrunner, whil

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