Cencosud S.A. (CNCO) Files $718M IPO

Cencosud S.A. (NYSE: CNCO) filed a registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its American Depositary Shares (ADSs). The proposed maximum offering price is $718 million. The company applied to list on the New York Stock Exchange under the ticker "CNCO."

The offering is being made through J.P. Morgan, UBS Investment Bank, Morgan Stanley, Credit Suisse, BBVA, and Santander.

Cencosud is a multi-brand retailer in South America.

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