Macquarie Aims Fibra

Macquarie Aims Fibra

Mexico Equity

Macquarie’s Mexican real estate operation is scheduled to price an IPO for its Fibra fund today, targeting more than $1bn. The sale was heard with covered books as of Wednesday afternoon. The transaction would raise MXP16.13bn ($1.27bn) if the 598m shares, including a 15% greenshoe, price at the midpoint of a MXP25.00-MXP29.00 range. The managers are aiming for 60% to be sold in an international tranche. Macquarie is planning to put real estate assets into a fund to be capitalized through the RE

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