« Sweet Irony | Main | Deal Are Down But Litigation Over Deals is Up »

February 26, 2008

Visa's Public Offering

Visa has announced plans for the single largest intial public offering in American history.  It plans to sell $17.1 billion in stock in March.  The announcement is both good and bad news, in a way.  It is good news in that Visa, and its advisers, have given a strong vote of confidence on the condition of the stock markets.  It is bad news in a way because the ratio of stock to debt in capital raising is a negative indicator of overall market health.  When the market is sick, more companies have to raise money in stock offerings.

February 26, 2008 in Securities Markets | Permalink

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341bfae553ef00e55096d5118834

Listed below are links to weblogs that reference Visa's Public Offering:

Comments

Post a comment