Fibra Uno Targets $600m Retap

Fibra Uno Targets $600m Retap

Mexico Equity Structured Finance

Mexico’s Fibra Uno is looking to raise more than MXP8bn ($615m) in a reopening of its domestic real estate income trust, known as a Fibra, and expects to price March 22, according to regulatory filings. The issuer has indicated it will sell 325m new shares, including a 48.75m overallotment, which would mean a MXP8.13bn deal at Tuesday’s MXP25.00 closing price. The sale would raise funds for Fibra Uno, the only Fibra launched since the creation of the asset class, to acquire new properties. The s

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