Sempra Mexico Oversubscribed Ahead of IPO

Mar 21, 2013

Infraestructura Energetica Nova (IEnova) is heard with books well oversubscribed ahead of today’s scheduled IPO targeting at least MXP6.54bn ($528m). Investors have demonstrated interest in Mexican deals this year, though a tendency towards pricing at the bottom of the range suggests a disagreement on valuations that has characterized the IPO market in LatAm in the past few years. With IEnova, the Mexican...

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

Poll

Are populist governments like Venezuela & Argentina turning pragmatic?

Vote