Macquarie Adjusts Fibra Timing

Macquarie Adjusts Fibra Timing

Mexico Equity

Macquarie’s Mexican real estate operation is scheduled to price a Fibra IPO December 13, according to sources familiar with the sale. The deal targeting more than $1bn had tentatively been scheduled for today. The transaction would raise MXP16.13bn ($1.2bn) if the 598m shares, including a 15% greenshoe, price at the midpoint of a MXP25.00-MXP29.00 range. The deal is aiming for 60% to be sold in an international tranche. Macquarie is planning to put real estate assets into a fund to be capitalize

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