| Ticker: LQU | 84 Grand Rue | |
| Exchange: New York Stock Exchange | Grand Duchy, Foreign L-1660 | |
| Industry: Manufacturing | 1352473884 |
| Type of Shares: | American Depositary Receipts | Filing Date: | 3/7/96 | |
| U.S. Shares: | 10,318,750 | Offer Date: | 3/27/96 | |
| Non-U.S. Shares: | 5,556,250 | Filing Range: | $17.00 - $19.00 | |
| Primary Shares: | 11,906,250 | Offer Price: | $10.50 | |
| Secondary Shares: | 3,968,750 | Gross Spread: | $0.34 | |
| Offering Amount: | $285,750,000 | Selling: | $0.20 | |
| Expenses: | $4,165,921 | Reallowance: | $0.10 | |
| Shares Out After: | 102,600,000 |
| Manager | Tier | Phone |
| Morgan Stanley & Co. Incorporated | Lead Manager | (212) 703-4797 |
| Baring Securities Inc. | Co-manager | (212) 350-7700 |
| J.P. Morgan Securities Inc. | Co-manager | (212) 648-9922 |
| Smith Barney Inc. | Co-manager | (718) 921-8473 |
| Auditor: KPMG Peat Marwick | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/94 | 6/30/95 | 6/30/94 | 6/30/95 | ||
| Revenue: | $753.80 | $372.80 | $340.20 | Assets: | $777.60 |
| Net Income: | $89.70 | $27.50 | $39.60 | Liabilities: | $453.40 |
| EPS: | $0.87 | $0.27 | $0.39 | Equity: | $324.20 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is the biggest beer producer in the combined Southern Cone market of Argentina, Chile, Paraguay and Uruguay. The company is also the leading Coca-Cola bottler in Paraguay and offers bottled water in its markets. In 1995 Quinsa had the leading market shares in Argentina (76.3%), Paraguay (64.6%), and in Uruguay (50.9%). In 1995 it also captured 12.9% of the market share in Chile while only in its fourth year of operation. In the first half of 1996, Quinsa expects to complete the acquisition of controlling interests in two breweries in Bolivia with a combined capacity of 1,200,000 hectoliters and thereby gain entry into a fifth, contiguous national market. Quinsa sells 16 different brands of beer in more than 60 different presentations through all major channels of distribution. |
| Use of Proceeds |
| Quinsa will use such proceeds to finance continued growth through increasing capacity internally and through acquisitions of other businesses, including acquisition of two breweries in Bolivia, which will account for approximately $33 million of the proceeds. Pending such uses, the company may invest the net proceeds of the combined offering in short-term investments. |
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