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Two IPOs that began trading yesterday – Banco Santander Brasil (NYSE:BSBR) and Verisk Analytics (NASDAQ:VRSK) – mark the second and third deals to raise over $1 billion in proceeds this year. Last month, Shanda Games Limited (NASDAQ:GAME), a spin-off of Shanda Interactive's leading online games business in China, raised just over $1 billion by offering 83,500,000 ADSs at $12.50 per ADS.

Banco Santander Brasil (BSBR), the fourth-largest bank in Brazil priced its 525 million unit offering at R$23.50 (US$13.40), the midpoint of the R$22-R$25 range, on Tuesday evening. The offering consisted of both ADSs that are trading on the NYSE under the ticker "BSBR" and units that are trading on Brazil's BOVESPA under the ticker "SANB11". Santander Investment, Credit Suisse, BofA Merrill Lynch and UBS were the bookrunners on the deal.

Verisk Analytics (VRSK), which provides data, statistical models and tailored analytics for P&C insurance firms, raised $1.9 billion by offering 85.3 million shares at $22.00, 10% above the midpoint of the proposed $19.00 to $21.00 range. Verisk Analytics is expected to begin trading Wednesday on the NASDAQ under the symbol VRSK. BofA Merrill Lynch (NYSE:BAC) and Morgan Stanley (BS) acted as lead managers on the deal. Verisk is also the largest domestic offering since Visa's (NYSE:V) landmark IPO in March 2008.

The two large deals were mixed in early trading. Banco Santander was trading slightly below its offering price, while Verisk Analytics opened about 20% above its offer price.

Another two, albeit smaller, IPOs are expected to begin trading today. Mistras Group, a global provider of non-destructive infrastructure testing, and Omeros, a biotech company focused on inflammation/pain and disorders of the central nervous system, are scheduled to debut.

Source: Banco Santader, Verisk Analytics: The Newest IPOs