Mexican Pepsi Bottler to Sell Shares

Mexican Pepsi Bottler to Sell Shares

Mexico Equity

Grupo Embotelladoras Unidas, a Mexican Pepsi bottler that is changing its name to Cultiba, has filed for an equity offering. The issuer plans to sell primary and secondary shares in Mexican and global tranches, and plans to set a price range for the sale, according to regulatory documents, with its outstanding shares seeing low trading levels. The exact size and timing remaining to be set. The issuer would need to raise at least $250m-equivalent to repay the bank loans it will tak

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