10:43 AM EDT, 03/14/2024 (MT Newswires) -- Auna (AUNA) said Thursday it launched an initial public offering of 30 million class A ordinary shares to raise about $420 million, based on the midpoint of pricing at $13 to $15 a share.

The shares are expected to be listed on the New York Stock Exchange under the AUNA ticker.

The company intends to grant the underwriters a 30-day option to buy up to an additional 4.5 million shares.

Auna runs hospitals and clinics in Mexico, Peru and Colombia and provides prepaid health-care plans in Peru.