“Visa Inc., the largest payment-card network, set a record for U.S. initial public offerings today by raising $17.9 billion, more than expected… It values the entire company at $42.5 billion.”
“The IPO eclipses AT&T Wireless Group’s $10.6 billion stock offering in 2000 and ranks second in the world after the $22 billion debut in 2006 of Industrial & Commercial Bank of China Ltd.” – Bloomberg
Visa Raises $17.9 Billion in Record-Setting U.S. IPO
Update: Visa sold additional $1.8 billion worth of IPO shares bringing the total tally to $19.7 billion. (Source)