Fibra Uno FO Tops $1.7bn

Fibra Uno FO Tops $1.7bn

Mexico Equity

Mexico’s equity market continues to see new issuance unmatched in recent memory, with the Fibra Uno real estate fund raising MXP22.05bn ($1.73bn) in a follow-on, exercising its full overallotments. With books multiple times oversubscribed, the issuer priced at a 4.1% discount, in the Mexican market’s largest deal since Santander Mexico’s IPO last year. In its third trip to the ECM, Fibra Uno priced 600m shares, including a 15% greenshoe and 20% hot issue, at MXP36.75 each, according to sources f

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