The much awaited initial public offering for credit card company Visa Inc. is reportedly set for March 19.
The deal to go public has been advanced one day and is expected to raise the largest amount from an IPO ever exceeding the $11 billion raised by AT&T Wireless in 2000. Visa will price its 406 million shares at $37-$42 a share on Tuesday night, in a bid to raise about $16 billion. Overall, the IPO market has softened to a trickle with 18 pricings for IPO since the start of the 2008, a decline of 47% from the year-ago period, according to Renaissance Capital. Meanwhile in 2007, there were 234 IPOs completed.
For a look at more dealmaking dates and events, please check out the calendar below: -- Gerald Magpily
Continue reading below
