OMA Excercises Greenshoe

OMA Excercises Greenshoe


Mexican airport operator Grupo Aeroportuario Centro Norte (GACN) or OMA announced Thursday that it was to exercise the over-allotment option for both the domestic and international tranches of its share offering. Half of the 25 million shares were placed in Mexico and the other half in the international markets as ADS. The greenshoe excercise price was equal to the November IPO price of US$18 per ADS and 24.85 pesos per Series B share. On November 29, OMA successfully raised around $434 million

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