BUENOS AIRES, Argentina--(BUSINESS WIRE)--Loma Negra C.I.A.S.A. (NYSE: LOMA) (BYMA: LOMA), (“Loma Negra” or
the “Company”), the leading cement producer in Argentina, today
announced the pricing of its initial public offering of 50,200,000
American Depositary Shares (“ADSs”), representing 251,000,000 ordinary
shares of the Company at $19.00 per ADS. Of these, 6,000,000 ADSs were
offered by the Company and 44,200,000 ADSs were offered by the selling
shareholder, Loma Negra Holding GmbH. In addition, the underwriters have
been granted a 30-day option to purchase up to an additional 7,530,000
ADSs from the selling shareholder.
The ADSs are expected to begin trading on the New York Stock Exchange on
November 1, 2017 under the ticker symbol “LOMA.” One ADS represents five
(5) ordinary shares.
BofA Merrill Lynch, Bradesco BBI, Citigroup, HSBC, Itaú BBA and Morgan
Stanley are acting as underwriters in the international offering.
The offering has been made only by means of a prospectus. A final
prospectus for the offering, when available, may be obtained from BofA
Merrill Lynch, Attention: Prospectus Department, 200 North College
Street, 3rd floor, Charlotte, NC 28255-0001, or: [email protected],
Bradesco BBI, Attention: Isabela Behar, 450 Park Avenue, 32nd Floor, New
York, NY 10022, tel: (212) 888-9142, Citigroup, c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by calling
(800) 831-9146, HSBC, 452 Fifth Avenue, New York, NY, USA 10018,
Attention: Prospectus Department, toll-free: 877-429-7459, email: [email protected],
Itaú BBA, 767 Fifth Avenue 50th Floor, New York, NY 10153, USA,
Attention: Investment Banking Department — Equity Capital Markets or
Morgan Stanley, Prospectus Department, 180 Varick Street, 2nd Floor, New
York, NY, 10014, by calling 1-866-718-1649, or by email at [email protected].
A registration statement on Form F-1 relating to these securities was
filed with, and declared effective by, the Securities and Exchange
Commission (the “SEC”). The Argentine public offering of the ordinary
shares of the Company has been authorized by the CNV pursuant to
Resolution No. RESFC-2017-18952-APN-DIR#CNV dated September 28, 2017.
The registration statement can be accessed through the SEC’s website at www.sec.gov.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor may there be any sale of these
securities in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About Loma Negra
Founded in 1926, Loma Negra is the leading cement company in Argentina,
producing and distributing cement, masonry cement, aggregates, concrete
and lime, products primarily used in construction, which is expected by
the Company to be one of the fastest growing sectors of the Argentine
economy in the coming years. Loma Negra is Argentina’s only national,
vertically-integrated cement and concrete company, supported by vast
limestone reserves, strategically located plants, top-of-mind brands and
established distribution channels. The Company also owns a 51% equity
stake in an integrated cement production plant in Paraguay, which is one
of two leading cement producers in that country.
Contacts
Loma Negra C.I.A.S.A.
Marcos I. Gradin, +54-11-4319-3050
CFO
and Investor Relations Manager
[email protected]
