CaixaBank Corporate & Investment Banking (CIB) has acted as Global Coordinator in the €173 million Initial Public Offering (IPO) of TSK Electrónica y Electricidad, a transaction that culminates in the company’s admission to trading on the Spanish Continuous Market.
The transaction was priced at the top end of the indicated price range following a robust bookbuilding process that generated strong demand from both domestic and international institutional investors. The offering achieved multiple times oversubscription despite a particularly challenging geopolitical and market environment.
As part of the transaction, CaixaBank CIB led the commitments from the majority of cornerstone investors, providing early visibility on demand and reinforcing execution certainty throughout the process.
TSK’s IPO represents a new milestone for the Spanish capital markets and further strengthens CaixaBank CIB’s position as one of the leading players in equity capital markets transactions in Spain.
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