Banco Macro Bansud S.A. Joins NYSE As 4th Latin American IPO In 2006 - Argentine Company Raised $217 Million In Total Proceeds - 91st latin American Company On The NYSE- NYSE Listed Latin American IPOs Raised $2.5 Billion In 2006 Year-To-Date - Brings Tot

Today, the NYSE celebrated the listing of its 4^th Latin American IPO in 2006, Banco Macro Bansud S.A. (NYSE:BMA), a leading Argentine bank. Banco Macro joined the NYSE’s roster of listed companies with an initial public offering on March 24, raising $217 million in total proceeds. Banco Macro Bansud S.A. is the 91^st listed company from Latin America and the 11^th from Argentina on the NYSE.

Headquartered in Buenos Aires, Argentina, Banco Macro Bansud, S.A. followed in the footsteps of recent NYSE Latin American IPOs including TAM, S.A. (NYSE: TAM) which raised US$692 million on March 10; Grupo Aeroportuario del Pacífico, S.A. de C.V. (NYSE: PAC), which raised US$870 million on Feb.27; and Ternium S.A. (NYSE:TX), which raised US$543 million on Feb. 1. In 2006 year-to-date, IPOs from NYSE listed Latin American companies have raised $2.5 billion in total proceeds.

In 2006 year to date, the average daily trading volume by Latin American companies on the NYSE reached 40.5 million shares, with a total average daily dollar value of trading of $1.4 billion.

Click here for a complete list NYSE-listed issues from Latin America.