Banco Santander (Brasil) S.A., Celebrates Listing on the NYSE
October 07 2009 - 9:52AM
Business Wire
Banco Santander (Brasil) S.A., one of Brazil’s leading banks,
today began trading on the New York Stock Exchange under the ticker
symbol “BSBR” after its successful initial public offering in which
it raised $7.0 billion. The Banco Santander (Brasil) IPO,
which listed simultaneously in Brazil and the U.S., is the largest
initial public offering ever conducted by a Brazilian
company.
"Banco Santander (Brasil) is a great addition to the NYSE, and
we welcome the bank as it joins its fellow Banco Santander group
companies already listed on the NYSE," said Duncan Niederauer, CEO,
NYSE Euronext. "We look forward to a beneficial and lasting
partnership with Banco Santander (Brasil), and to support its
growth by providing the company and its shareholders with the
highest levels of service, liquidity and market quality."
“This offer reflects Grupo Santander's strong commitment with
Brazil and also our confidence in the Global Capital Markets. We
are very pleased to be here celebrating this historic moment for
the Group. Our mission will continue to be to build the best bank
in Brazil and we are very happy to have the support of Brazilians
and international investors to achieve this. In our view, this
offer is not the end of a process. We see it as an important
milestone in our history and also as a signal that we are in the
right path”, José Berenguer, Executive Vice President, Banco
Santander (Brasil) said.
To mark today’s special occasion, Banco Santander (Brasil)
executives visiting from Brasil and Banco Santander from Spain led
by José de Menezes Berenguer Neto, Executive Vice President, Banco
Santander (Brasil) S.A., rang The Opening Bell, joined by Duncan
Niederauer, CEO, NYSE Euronext.
Background:
Raising $7.0 billion, Banco Santander (Brasil) S.A. is
the largest initial public offering in Brazil’s history.
Banco Santander (Brasil) S.A. is the fourth company in the Banco
Santander group to list on the NYSE, joining Banco Santander Chile
(NYSE: SAN), Banco Santander Bancorp (NYSE: SBP), and Banco
Santander Spain S.A. (NYSE: STD).
The NYSE currently lists 31 companies from Brazil, with a
total global market capitalization of $443 billion, as of
Sept. 30, 2009. Including Banco Santander (Brasil) S.A., the total
market capitalization of NYSE-listed Brazilian companies is close
to $500 billion (as of Oct. 7. 2009). Trading in Brazilian
ADRs on the NYSE includes some of the most actively traded stocks
on a daily basis, totaling almost $3 billion/day.
Banco Santander (Brasil) S.A. (NYSE: BSBR)
At the end of June 2009, Santander Brasil Group, which includes
the Santander and Real banks, had R$ 288.8 billion in total assets,
R$ 177.9 billion in total deposits, more than 21 million clients
and a network of 3,612 points of sale, including branches and
service centers.
Banco Santander (NYSE: SAN)
Banco Santander is a commercial bank headquartered in Spain. At
the end of 2008, Santander led all banks in the Euro area in stock
market value and was the third-largest bank in the world in terms
of profit.
Founded in 1857, it manages a total of € 1.271 billion in funds.
After its acquisition of Sovereign Bancorp in the United States in
January, Santander has a total of 90 million clients, over 14
thousand branches—more than any other international bank—and more
than 170 thousand employees. In addition to being the largest
financial group in Spain and Latin America, Santander also occupies
leading positions in the United Kingdom and Portugal. The Santander
Consumer Finance unit gives the group a strong presence throughout
the rest of Europe as well. Santander recorded € 4.519 billion in
net profit in the first half of 2009.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial
markets and provider of innovative trading technologies. The
company's exchanges in Europe and the United States trade equities,
futures, options, fixed-income and exchange-traded products. With
more than 8,000 listed issues, NYSE Euronext's equities markets --
the New York Stock Exchange, NYSE Euronext, NYSE Amex and NYSE
Alternext as well as NYSE Arca – represent nearly 40 percent of the
world's equities trading, the most liquidity of any global exchange
group. NYSE Euronext also operates NYSE Liffe, the leading European
derivatives business and the world's second-largest derivatives
business by value of trading. The company offers comprehensive
commercial technology, connectivity and market data products and
services through NYSE Technologies. NYSE Euronext is in the S&P
500 index, and is the only exchange operator in the S&P 100
index and Fortune 500. For more information, please visit:
http://www.nyx.com
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