MercadoLibre $1.1 billion secondary offer

Overview:

• MercadoLibre has issued $1.1 billion of shares in a secondary offer on the Nasdaq.
• MercadoLibre is an Argentine online auction and sales website which runs MercadoLibre.com and MercadoPago.com.
• MercadoLibre went public in August 2007, when it priced its stock at $18 a share. 
• Davis Polk & Wardwell advised the joint bookrunning managers. 

Rani Mehta - Journalist