| Banco Rio de la Plata SA | |||
| Ticker: | BRS | ||
| Exchange: | New York Stock Exchange | Buenos Aires, ARGEN | |
| Industry: | Financial (SIC Code 6081) | ||
| Type of Shares: | American Depositary Receipts | Filing Date: | 9/15/97 | |
| U.S. Shares: | 23,320,000 | Offer Date: | 10/9/97 | |
| Non-U.S. Shares: | 0 | Filing Range: | $14.00 - $17.00 | |
| Primary Shares: | 23,320,000 | Offer Price: | $15.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.62 | |
| Offering Amount: | $361,460,000 | Selling: | $0.34 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | - | |||
| Spin out parent firm: | Banco Santander SA | |||
| Manager | Tier | Phone |
| Merrill Lynch & Co. | Lead Manager | (212) 449-4600 |
| Business Description |
| The company is a foreign commercial bank. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes. |