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Visa Inc. Files for Proposed Initial Public Offering

Tags » Visa, Visa IPO  » Comments (0)

Visa Inc. has announced that "it has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of its class A common stock." A copy of Visa's Form S-1 Registration Statement is available on the SEC web site. The Wall St. Journal reports that the Visa IPO could be worth $10 billion.

J.P. Morgan Securities Inc., Goldman, Sachs & Co., Banc of America Securities LLC, Citi, HSBC Securities (USA) Inc., Merrill Lynch & Co., UBS Investment Bank and Wachovia Securities are acting as joint bookrunners with respect to the offering.

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