IPO Company Profile © ipodata.com
Message Board  |   Quote  |   Chart |  News  |   SEC Filings  |   Peer IPO Companies
Terra Networks, S.A.
Via De Las Dos Castillas, 33 Complejo Atica Edificio 1, Madrid, Spain 28223
Business Description The company is a leading provider of Internet access and local-language interactive content and services to residential and small office/home office, or SOHO, users in the Spanish and Portuguese speaking world.
Offering
Information

Company has
gone public

Trading As  TRRA (NASNTL) Industry  High-Tech (SIC 7375)
Type of Stock Offered  American Depositary Receipts Filing Date  10/29/1999
Domestic Shares Offered  22,266,705 Offer Date  11/16/1999
Foreign Shares Offered  0 Filing Range  $10.66 - $12.44
Company Shares  22,266,705 Offer Price  $13.41
Selling Shrhldrs Shares  0 Gross Spread  - -
Gross Proceeds  $298,596,511 Selling  $0.352
Expenses  - - Reallowance  - -
Post-IPO Shares  - - Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Goldman, Sachs & Co. Lead Manager (212) 902-5959
J.P. Morgan & Co. Co-manager (212) 648-0517
Lehman Brothers Incorporated Co-manager (212) 526-8100
Use Of
Proceeds
The proceeds from the proposed offering will be used working capital and for general corporate purposes, which may include acquisitions of and investments in other companies, advertising and marketing expenditures, and technological investments.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Davis, Polk & Wardwell
Bank's Law Firm  Sullivan & Cromwell
Auditor  Arthur Andersen
Send us feedback if you would like to request that we hyperlink a firm on this page
Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
Telefonica, S.A. 91.20  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 11/28/1999 9:06:08 PM
© 1999 IPO Data Systems, Inc. - All rights reserved.