(Reuters) -Central Bancompany ( CBCY ) is looking to raise as much as $426.7 million in its U.S. initial public offering, the bank said in a regulatory filing on Friday, reinforcing a strong demand for fresh flotations in the market.
U.S. IPO activity saw a rebound in the autumn season, with several big names such as Swedish fintech firm Klarna ( KLAR ) and Winklevoss twins' cryptocurrency exchange Gemini fetching strong investor interest in their respective public offerings.
However, a government shutdown in October has pulled the brakes on appetites for IPOs, hindering activity with short-term delays.
Morgan Stanley and Keefe, Bruyette & Woods are the joint lead book-running managers for the offering.
Central Bancompany ( CBCY ) intends to list its shares on the Nasdaq Global Select Market under the ticker symbol "CBC".