trending Market Intelligence /marketintelligence/en/news-insights/trending/kDVD4T3edRHRlf5LaiuFRg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Brazil's XP closes IPO with net proceeds of $1.1B

Key Credit Risk Factors When Assessing Banks In The Context Of COVID-19

Street Talk Episode 61 - Investors debate if U.S. banks have enough capital in post COVID world

You Down With PPP? Consider The Risks

Street Talk Episode 60 - You Down With PPP? Consider The Risks


Brazil's XP closes IPO with net proceeds of $1.1B

XP Inc. announced Dec. 13 the conclusion of its initial public offering, estimating net proceeds to have clocked in at $1.1 billion, the Brazilian financial services company said in a filing.

XP sold 83,387,237 million Class A common shares at a price of $27.00 per share. The stock had closed its first day of trading at $34.46 apiece, about 28% above the initial public offering pricing, and surged further on Dec. 13 to end at $37.70.

The capital raised will be used to strengthen XP's banking unit, in part by expanding product range and introducing a credit card line, CEO Guilherme Benchimol told Reuters earlier.

The global coordinators of the offering were Goldman Sachs & Co. LLC, J.P. Morgan, Morgan Stanley, XP Investments and Banco Itaú BBA SA.