Banco Industrial Confirms Mexico Listing

Banco Industrial Confirms Mexico Listing

Central America

Guatemala's Banco Industrial has confirmed that it plans to go public next year. Diego Pulido, the bank's corporate director, tells LatinFinance he has hired Credit Suisse to sole lead the IPO, scheduled to go out sometime between February and March. The offering will be done on Mexico's Bolsa, says Pulido, and details about the size of the raise and percentage of the company to be sold are still being worked out. Proceeds are being used to fund the bank's Central American expansion, notes Pulid

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