Hotel Fibra Builds Books

Hotel Fibra Builds Books

Mexico Equity

Mexico’s Fibra Inn is heard with books well oversubscribed coming into today’s scheduled IPO pricing. The hotel focused Fibra real estate trust would raise MXP3.80bn ($303m) at the midpoint of its price range, assuming a 15% greenshoe is used. The issuer is offering 127m primary and 79m secondary shares at MXP17.25-MXP19.75 each. It expected about 50% of the sale to be placed internationally, according to offering documents. The secondary portion includes shares to be sold by Indigo Capital, whi

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial