Mexicans Ready to Kick off IPO Pipeline

Oct 8, 2013

Real estate plays Grupo Hotelero Santa Fe and Fibra Danhos are scheduled to price IPOs today targeting MXP4bn ($304m) and MXP6bn, respectively, as the October ECM issuance window gets underway. Hotel operator Santa Fe plans to sell 201m shares, if a 15% greenshoe is included, at MXP18.00-MXP22.00 each, meaning a MXP4.03bn...

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