MasterCard sets IPO terms for 61.5 mln shares

Published on:
12 September 2006 at 10:21 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00007236-mastercard-sets-ipo-terms-for-615-mln-sha/

Acting like it?s everybody?s birthday, MasterCard will offer up as many as 61.5 million shares for between $40 and $43 a share, the credit card company said in a regulatory filing today, according to a Reuters?s story.

Proving, though, that one can give as well as receive — the move could raise as much as $5.6 billion for the credit card company. The company?s stock will be listed with the NYSE as ?MA.?

You can read more about this story at MasterCard sets IPO terms for 61.5 mln shares.