UPDATE 1-Argentina power firm Genneia files for US IPO

Morgan Stanley

Morgan Stanley

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July 2 (Reuters) - Argentine power producer Genneia filed for an initial public offering in the U.S. on Thursday.

The company and selling shareholders plan to sell shares in the offering.

The listing comes after a strong second quarter for the U.S. IPO market as a steady flow of large deals and SpaceX's SPCX.O record-breaking listing pushed quarterly proceeds past $100 billion.

Morgan Stanley and BTG Pactual are the global coordinators for the offering.

Olivos, Argentina-based Genneia will list on the New York Stock Exchange under the symbol "GENN."


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