Credit crisis, what credit crisis? Nothing kept investors from where they wanted to be — piling into the world’s largest credit card processor’s initial public offering.

Visa Inc., set a record for U.S. IPO’s by selling 406 million shares at $44 each late Tuesday and raising a whopping $17.9 billion. The IPO eclipses AT&T Wireless Group‘s $10.6 billion stock offering in 2000 and comes in second in the world only to the $22 billion debut of Industrial & Commercial Bank of China Ltd. in 2006.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]