(Press Release) Bain Capital Capital raised approximately US$149m for its IPO in the U.S. of Spanish business process outsourcing company Atento S.A.
Atento S.A. announced today the pricing of its initial public offering of 10,000,000 ordinary shares at a price to the public of $15.00 per share. The gross proceeds from the offering will be approximately $72.3 million for the Company and approximately $77.7 million for the selling shareholder, Atalaya Luxco Pikco S.C.A., an entity affiliated with Bain Capital. The selling shareholder has also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 ordinary shares, at the initial public offering price less underwriting discounts and commissions payable by the Company. The Company’s ordinary shares are expected to begin trading on the New York Stock Exchange under the symbol “ATTO” tomorrow. The offering is expected to close on October 7, 2014, subject to customary closing conditions.
Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC and Itau BBA USA Securities, Inc. are acting as joint book-running managers for the offering. Merrill Lynch, Pierce, Fenner & Smith Incorporated, Banco Bradesco BBI S.A., Banco BTG Pactual S.A.-Cayman Branch, Goldman, Sachs & Co., Santander Investment Securities Inc. and Robert W. Baird & Co. Incorporated are acting as joint bookrunners and BBVA Securities Inc. is acting as co-manager for the offering.
The offering will be made only by means of a prospectus. A copy of the prospectus related to the offering may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, New York, 10010, or by telephone at +1 (800) 221-1037, or by email at [email protected] or Itau BBA USA Securities, Inc., 767 Fifth Avenue, 50th Floor, New York, NY 10153.
The registration statement on Form F-1 relating to these securities was declared effective by the Securities and Exchange Commission on October 1, 2014. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.