Mexican Lender Prices IPO at Low End
Oct 18, 2012
Mexico's Credito Real has priced a MXP2.56bn ($200m) IPO at the bottom of the range, with the new shares trading down 3.1% in their first session. The offer from specialist in payroll, group microbusiness and durable goods loans was to be a test for small and mid-caps’ issuing prospects following the $4bn Santander Mexico...
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