Agibank prices $240m New York IPO
Listed parent AGI Inc priced 20 million shares at $12 each.
AGI Inc, the listed parent of Brazil’s Agibank, has priced its initial public offering at $12 per share. The base offering comprises 20 million Class A shares, representing $240m in gross proceeds.
The shares were scheduled to begin trading on the New York Stock Exchange under AGBK on February 11, with the offering expected to close the following day, subject to customary conditions.
Agibank provides financial services to underserved Brazilian consumers, including payroll-deducted loans for retirees. The IPO gives the group access to public-market equity capital.
Use of funds
Expand financial services business
Funding history
Sources
- Agibank seventh financial bill issuance R$500minvestors.agiinc.com · Jun 18, 2026
- Agibank second FIDC of R$2.5bninvestors.agiinc.com · Apr 28, 2026
- Agibank estrutura FIDC de R$ 2,1 bi com lastro em consignado do INSSfinsidersbrasil.com.br · Oct 2, 2026
- Agibank concludes third FIDC class A issuance of R$2.1bninvestors.agiinc.com · Oct 1, 2026
- Agibank raises $240M IPO at $1.9B valuationlatamlist.com · Feb 12, 2026
- Agibank financing announcementnasdaq.com · Feb 11, 2026