LUXEMBOURG - Auna S.A. (NYSE: AUNA), a healthcare provider operating in Mexico, Peru, and Colombia, announced the launch of its Initial Public Offering (IPO) on the New York Stock Exchange. The company, which began trading under the ticker "AUNA," raised $360 million by offering 30 million class A shares at $12.00 each.
The IPO marks a significant expansion for Auna, which reported a 58% increase in revenues to $1.05 billion and a 90% rise in Adjusted EBITDA to $223 million for the year 2023. The company's Adjusted EBITDA margin also grew to 21.3%, up from 17.7% the previous year.
Executive Chairman of the Board and President Suso Zamora commented on the milestone, highlighting Auna's commitment to transforming healthcare in Spanish-speaking Latin America and providing integrated healthcare to underserved markets. Zamora emphasized the company's focus on high complexity diseases and patient-centered care.
Auna's healthcare network includes 31 facilities with a total of 2,308 beds and serves over 1.3 million healthcare plan members. The company's successful IPO also makes it the first Latin American healthcare services company listed in the US and the first healthcare IPO in Spanish-speaking Latin America since 2018.
The offering is expected to settle around March 26, 2024, subject to customary closing conditions. Auna has also granted underwriters a 30-day option to purchase up to an additional 4.5 million class A shares at the IPO price.
This report is based on a press release statement, and the registration statement relating to these securities has been declared effective by the U.S. Securities and Exchange Commission.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.