Ferrari on Wall Street, the official figures 1 billion IPO for 10% – Corriere dello Sport.it

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Delivered in the night by the SEC (US Consob), the prospectus for the listing: Ferrari will be set as Nv and the symbol Race

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ROME – Ferrari on Wall Stret, there are now also the official figures: $ 1 billion for 10%, nearly 10 billion over the Cavallino. From tonight, now it is really all set to the landing Ferrari at the legendary New York Stock Exchange . The bell – for now virtual – has made playing Sec (Consob American) who has finally published the prospectus for the IPO, the public tender offer of Maranello.

The document
clear up any doubts and provides the precise size of the total value of the whole operation, as practiced by Marchionne & amp; C. will be placed in fact 18.892150 shares at a price ranging between 48 and 53 dollars for a maximum value of 982.4 million for the 10% stake of the share , the mass market dall’a.d. FCA and Chairman of the Horse. Figures which mean only one thing: the whole Ferrari is valued just under $ 10 billion, to be exact about 8.65 million euro. Ultimately, the figure that the same Marchionne and maggiranza than analysts expected. While it must be remembered that the offer will be made by the following banks: UBS Investment Bank, BofA Merrill Lynch, Allen & amp; Company Llc, Banco Santander, BNP Paribas, JP Morgan and Mediobanca.

The table
, missing the date of listing – maximum in any case within one month of filing documents – but says that will be the first placed 17,175,000 common shares (9% of the capital), then there will be an option for a further 1,717,150 shares.

Ferrari it will be identified with the name of Ferrari Nv, (with nv that is the acronym Dutch company) and will be listed under the symbol “Race”. Also according to the numbers of the prospectus, also improve the numbers of Ferrari estimates of quarterly closed in late September. Revenues of 720 million-730 million euro (+ 9/10% over the same period of 2014) and an EBITDA of 210 million to 215 million euro (+ 19/22%). Next Ferrari, even win this race who knows, perhaps – certainly – is the ideal launch pad back to win the World Cup.