Tricot has placed 27.7% of its shares in an Initial Public Offering
August 2017 — The private shareholders of Empresas Tricot have completed an IPO for 27.7% of its shares.
Founded in 1952, Empresas Tricot is a Chilean fast fashion retailer. The company has 80 stores in Chile selling coats, blouses, footwear products, jackets, sports products, skirts, jeans, wool products, leggings, pants, polar jackets, parkas, T-shirts, polerones, underwear, dresses and accessories for women; and footwear products, haberdashery products, jackets, sports products, wool products, jeans, pants, parkas, T-shirts, polerones, shorts and accessories for men. In addition to its retail business, Empresas Tricot has developed a financial business through its open credit card Tricot VISA.
Our role in the transaction
Oaklins' team in Chile advised Empresas Tricot and acted as joint bookrunner in this Initial Public Offering.
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