PE-backed Santander Consumer USA debuts IPO
Santander Consumer USA launched its IPO on Thursday after pricing its offering of almost 75 million shares at a $24 per share. The stock is trading on the NYSE under the ticker symbol "SC." Citigroup and J.P. Morgan are serving as lead underwriters. Based in Dallas, Santander Consumer USA is a provider of car loans. Its backers include Warburg Pincus, Kohlberg Kravis Roberts and Centerbridge Partners.
23 January 2014•2 mins read
