Fibra Uno Fills Books

Fibra Uno Fills Books

Mexico Equity

Mexico’s Fibra Uno was heard telling investors books were “comfortably” oversubscribed late Monday, ahead of today’s scheduled pricing of a follow-on that should raise more than $1.4bn-equivalent. In its third trip to the ECM, the real estate fund is offering 511m shares, including an overallotment option, according to regulatory documents. This would suggest a MXP19.50bn ($1.53bn) deal at Monday’s MXP38.16 closing price. Fibra Uno is looking for additional funds to grow its property portfolio,

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