Baird served as a co-manager in this transaction
AboutWNS Holdings, Inc. (“WNS” or the “Company”) (NYSE: WNS) recently completed a follow-on offering of 12,247,500 American Depositary Shares (“ADS”), each representing one ordinary share, at a price of $9.25 per share, generating gross proceeds of approximately $113 million. Warburg Pincus, the Company’s principal shareholder, sold 6,847,500 ADS in the offering. WNS will use the proceeds it received for general corporate purposes, which may include capital expenditures, acquisitions, refinancing of indebtedness and working capital.
Based in Mumbai, India, WNS is a leading global offshore business process outsourcing company that employs over 22,500 professionals and has more than 25 delivery centers across India, the Philippines, the United Kingdom, Sri Lanka, Romania, Costa Rica and the United States, as well as a subcontractor’s delivery center in South Africa. The Company delivers an entire spectrum of business process outsourcing services such as customer care, finance and accounting, legal services, procurement, research and analytics, technology services and industry specific back office and front office processes. The major industries currently targeted by WNS are insurance, travel and leisure, manufacturing, retail, consumer products and telecom.
For additional information about this transaction, please contact:
- February 2012
- WNS Holdings, Inc.
- Technology & Services
- Target Location
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