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MasterCard IPO Estimated Worth $2.8 Billion

NEW YORK - MasterCard Inc., formerly MasterCard International, will probably make roughly $2.8 billion from an initial public offering of stock that is planned for later this year, analysts said on May 3 when the card brand filed details of its offering with the Securities and Exchange Commission.

By Staff Writer | Updated on May 09, 2006

NEW YORK – MasterCard Inc., formerly MasterCard International, will probably make roughly $2.8 billion from an initial public offering of stock that is planned for later this year, analysts said on May 3 when the card brand filed details of its offering with the Securities and Exchange Commission.

The terms of the IPO indicate that, depending on how it works out, the financial institutions that currently own MasterCard will retain between a 41% and 44% stake in the company.

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