Fibra Hotel Plans Return ECM Visit

Fibra Hotel Plans Return ECM Visit

Mexico Equity

Concentradora Fibra Hotelera Mexicana is planning to return to the equity markets to raise more than MXP4.0bn ($324m). The hotel real estate fund owned by Grupo GDI and known as Fibra Hotel is planning to follow up its MXP4.14bn IPO in December with the follow-on sale of 170m primary shares, according to regulatory documents. Such a deal would raise MXP5.0bn at Friday's MXP25.56 closing price, assuming a 15% greenshoe is included. The issuer is planning a May 30 pricing, with both domestic and i

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