Titan Cement International SA announced on Tuesday that its subsidiary, Titan America SA, has filed a Registration Statement on Form F-1 to the US Securities and Exchange Commission (SEC).
The completion of the offering is subject to market conditions and there can be no assurance as to whether or when it will be completed, or the final size or other terms of the offering.
Titan America has filed for listing of its common stock on the New York Stock Exchange under the symbol “TTAM”.
The initial public offering (IPO) is planned to include a primary offering by Titan America and a secondary sale by Titan Cement International SA.
Citigroup and Goldman Sachs & Co. LLC are acting as lead managers of the proposed offering. BofA Securities, BNP Paribas, Jefferies, HSBC, Societe Generale and Stifel are acting as managers.
SOURCE; ANA-MPA
Please wait...