Creating and distributing additional copies is prohibited without the permission of the publisher. Contact subscriptions@latinfinance.com.

Peruvian Cement Co. Makes ADR Debut

Feb 8, 2012

Peru's Cementos Pacasmayo has priced a $264.5m equity follow-on, representing its debut ADR offering. The cement maker sold 20m ADRs, representing 100m shares, at $11.50 each, landing at the bottom of a $11.50-$13.00 range. It will raise $264.5m from the sale, assuming the exercise...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events


  1. Mexico Markets Samurai
  2. Smooth Sailing Ahead?
  3. Banorte Preps MXP Issue
  4. Ahead of the Curve
  5. Axtel Cut by S&P
Follow us


Poll

How much more serious is nationalization risk following YPF and Bolivia's ETE?

View previous results


Popular Searches


"With exess cash sitting on the sidelines, and an increase of new names to the bond market, investors nned to become more selective on new potentially illiquid names that have come to market. The big theme this year is to be cautious."

Roberto Sanchez-Dahl, Senior Portfolio Manager, Federated


Change font size: Switch to default font size Switch to medium font size Switch to large font size

All material subject to strictly enforced copyright laws. © 2012 Latin American Financial Publications Inc.

Printing isn't available for this page.