GBM Clinches Infrastructure CCD

GBM Clinches Infrastructure CCD

Mexico Equity

Grupo Bursatil Mexicano (GBM) has closed on a MXP750m ($57m) certificado de capital de desarrollo (CCD) transaction, representing the first close of a fund targeting MXP3.75bn, it says. The remaining 80% is to be funded through capital calls. The brokerage operator and fund manager’s 10-year deal will target investment in communications, water, transportation, oil, power and renewable energy projects. Investors are to receive their initial investment plus up to a 10% preferred return, with addit

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