Credit crisis, what credit crisis? Nothing kept investors from where they wanted to be — piling into the world’s largest credit card processor’s initial public offering.
Visa Inc., set a record for U.S. IPO’s by selling 406 million shares at $44 each late Tuesday and raising a whopping $17.9 billion. The IPO eclipses AT&T Wireless Group‘s $10.6 billion stock offering in 2000 and comes in second in the world only to the $22 billion debut of Industrial & Commercial Bank of China Ltd. in 2006.
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