Argenx announces $750M ordinary shares offering

argenx SE announced that it has commenced a global offering of $750M of ordinary shares, which may be represented by American Depository Shares, or ADSs. The global offering will be comprised of an offering of ordinary shares represented by ADSs in the United States and certain other countries outside of the European Economic Area and a simultaneous private placement of ordinary shares in the European Economic Area and the United Kingdom. Each of the ADSs represents the right to receive one ordinary share. The U.S. offering and the European private placement are expected to close simultaneously. J.P. Morgan, Morgan Stanley, Goldman Sachs & Co. LLC, BofA Securities and TD Cowen are acting as joint bookrunning managers for the offering. Van Lanschot Kempen is acting as manager for the offering.