Actinver Adds Equity Capital

Actinver Adds Equity Capital

Mexico Equity

Mexico’s Grupo Financiero Actinver has priced a MXP690m ($53m) equity follow-on, according to regulatory filings. The brokerage is selling 58.1m primary shares, including a 15% greenshoe, at MXP13.95 each. The level represents a 4.5% discount to the previous MXP14.60 closing price. Shares closed at MXP14.19 Wednesday. The issuer received 5x demand, and it expects to spend 67% of the proceeds to fund existing operations, 13% on working capital and 20% to expand into new product areas. Actinver an

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