Loma Negra (LOMA) IPO Prices at $19

Loma Negra C.I.A.S.A. (NYSE: LOMA) announced the pricing of its initial public offering of 50,200,000 American Depositary Shares, representing 251,000,000 ordinary shares of the Company at $19.00 per ADS. Of these, 6,000,000 ADSs were offered by the Company and 44,200,000 ADSs were offered by the selling shareholder, Loma Negra Holding GmbH. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 7,530,000 ADSs from the selling shareholder.

The ADSs are expected to begin trading on the New York Stock Exchange on November 1, 2017 under the ticker symbol “LOMA.” One ADS represents five (5) ordinary shares.

BofA Merrill Lynch, Bradesco BBI, Citigroup, HSBC, Itaú BBA and Morgan Stanley are acting as underwriters in the international offering.

Founded in 1926, Loma Negra is the leading cement company in Argentina, producing and distributing cement, masonry cement, aggregates, concrete and lime, products primarily used in construction, which is expected by the Company to be one of the fastest growing sectors of the Argentine economy in the coming years. Loma Negra is Argentina’s only national, vertically-integrated cement and concrete company, supported by vast limestone reserves, strategically located plants, top-of-mind brands and established distribution channels. The Company also owns a 51% equity stake in an integrated cement production plant in Paraguay, which is one of two leading cement producers in that country.

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