January 16, 2018 |
Embotelladora Andina has finished its follow-on equity offering, raising about $199m in a share auction last Friday.
The Chilean Coca-Cola bottler sold 40.9m series B shares for CLP2,950 ($4.8) apiece, above the starting auction price of CLP2,945. The secondary sale equaled 4.3% of Embotelladora Andina's share capital and the Berger family was the selling stock holder.
Banchile and JPMorgan coordinated the accelerated bookbuilding process last week, accepting 1,555 orders. According to a securit
Chilean soft drink bottler snaps up $200m after auctioning off 41m shares