Cemex LatAm Launches IPO

Cemex LatAm Launches IPO

Colombia Mexico Equity

Cemex LatAm has launched its Colombian IPO, it says, expected to raise at least $750m. The unit holding the Mexican Cement maker’s assets in Colombia, Panama, Costa Rica, Brazil, Guatemala, Nicaragua and El Salvador plans to sell 126m shares, including a 15% greenshoe, to be divided at the time of sale into Colombian and 144a international tranches. A price range was expected to be made public as soon as today, according to sources familiar with the process, with pricing expected the week of Nov

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