SUEZ launches sponsored Level 1 ADR program in the USA
ADRs are certificates representing shares of stock which allow US investors to indirectly hold shares in a non-US company and trade them in the USA, with settlement in US dollars.
The securities will trade on the over-the-counter market in the United States starting today. Each SUEZ ADR represents a half of one Ordinary Share of SUEZ SA. The ticker symbol for these ADRs is SZSAY. Deutsche Bank will act as depositary bank.
Depositary bank: Deutsche Bank
CUSIP: 864691 209
Ratio ADR/ORD: 2:1