Navigation Links
Triple-S Management Corporation Announces Full Exercise of Underwriters' Over-Allotment Option
Date:12/14/2007

SAN JUAN, Puerto Rico, Dec. 14 /PRNewswire-FirstCall/ -- Triple-S Management Corporation (NYSE: GTS) today announced that the underwriters of its initial public offering had exercised in full their over-allotment option to purchase an additional 2,100,000 shares of its Class B common stock (286,809 shares of which are being offered by Triple-S and 1,813,191 shares of which are being offered by certain selling stockholders) at the initial public offering price of $14.50 per share.

Credit Suisse Securities (USA) LLC and UBS Investment Bank served as joint book-running managers for the offering, with CIBC World Markets Corp., Citigroup Global Markets Inc., Popular Securities, Inc. and Santander Securities Corporation acting as co-managers.

A registration statement relating to these securities has been declared effective by the Securities and Exchange Commission. This press release does not constitute an offer to sell or the solicitation of an offer to buy the shares of common stock or any other securities, nor will there be any sale of the shares of common stock or any other securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction. Any offer, if at all, will be made only by means of a prospectus forming a part of the effective registration statement.

Copies of the final prospectus relating to the offering may be obtained by contacting Credit Suisse Securities (USA) LLC, Prospectus Department, One Madison Avenue, New York, NY 10010, telephone: 1-800-221-1037 or UBS Investment Bank, Prospectus Department, 299 Park Avenue, New York, NY 10171, telephone 1-212-821-3884.

About Triple-S

Triple-S Management Corporation is an independent licensee of the Blue Cross Blue Shield Association. It is the largest managed care company in Puerto Rico, serving approximately one million members across all regions. Triple-S offers a broad portfolio of managed care and related products in the commercial, Medicare and Reform (similar to Medicaid) markets. In addition to its managed care business, Triple-S provides life and property and casualty insurance in Puerto Rico. For more information on Triple-S, please visit the Company's Web site at http://www.triplesmanagement.com.


'/>"/>
SOURCE Triple-S Management Corporation
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. Case Management Cost-Effective Way to Cut Heart Risks
2. S.C. BlueCross to Integrate Care Management with Personal Health Record in Real Time
3. Marlabs in the Top 10 BPO Healthcare Revenue Cycle Management Companies
4. Painless Hemorrhoid Treatment Adds Management Punch
5. HealthFitness CEO Supports Move Toward Cultural Shift, and Science-Based Health Management Programming
6. Judge Rules That Florida Disease Management Program Serving 8,000 HIV/AIDS Patients Should Be Re-bid, Says AIDS Healthcare Foundation
7. Standard Management Announces OTCBB Listing
8. MDS Pharma Services Wins Award for Management of Global Malaria Trial
9. AWT Management Announce Aggressive Growth and Acquisition Strategy
10. Hospital Workers: Management Threatens Patient Care
11. The Risk Management and Patient Safety Institute Announces Annual Health Care Risk Conference Dates
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/22/2017)... (PRWEB) , ... April 22, ... ... Administration of Eastern Pennsylvania has named PROSHRED® Security of Philadelphia its ... Heron-Doerr, PROSHRED® Philadelphia specializes in providing information destruction , recycling, ...
(Date:4/21/2017)... ... ... Providing broad access to life-saving drugs and rewarding the innovators who develop ... address this problem. , That was the message from Dana Goldman, PhD, Leonard D. ... of Southern California, who served as the keynote speaker for Western University of Health ...
(Date:4/21/2017)... ... April 21, 2017 , ... Brady (NYSE:BRC), a global leader in ... and B-7569 vinyl label materials received certification for the BS5609 British Marine ... remain intact and legible, for use on chemical drums shipped by sea. ...
(Date:4/21/2017)... ... 2017 , ... The VIA Agency , a full-service ... Theravent, Inc. , the makers of a revolutionary new device clinically proven to ... working to expand distribution in anticipation of a national launch. VIA will be ...
(Date:4/21/2017)... ... April 21, 2017 , ... ... exciting new partnership with the highly regarded and well renowned Asian distributor, Discovery ... myTAP & myTAP PAP Nasal Pillow Mask, and will stabilize and strengthen Airway’s ...
Breaking Medicine News(10 mins):
(Date:4/20/2017)...  Cogentix Medical, Inc. (NASDAQ: CGNT), a global ... Uro/Gyn and Gynecology markets with innovative and proprietary ... the Company as Senior Vice President, Marketing & ... Keswani will report directly to Darin Hammers ... is delighted that Ash has joined the Cogentix ...
(Date:4/20/2017)... Research and Markets has announced the addition ... Addressing Production Complexities Through Risk Management and Quality by ... ... Market Prospects: Overcoming Production Complexities Through Risk Management and ... current trends in the global biosimilars market, with a ...
(Date:4/20/2017)... , April 20, 2017  CVS Pharmacy, ... today unveiled a new store design to enhance ... of healthier food, health-focused products and expanded beauty ... to help customers discover new offerings. Together with ... next evolution of the customer experience at CVS ...
Breaking Medicine Technology: