Mexican Hotel Readies IPO

Mexican Hotel Readies IPO

Mexico Equity

Mexico’s new ECM issuance pipeline is filling up rapidly, with Hoteles City preparing to become the latest Mexican to IPO. The operator of hotel chains including City Suites and City Express is planning a sale of primary and secondary shares in the US and international markets, according to a prospectus. The size and exact timing remain to be determined, though the documents suggest a June pricing at the soonest. Secondary share sellers include founders and company officials, as well as investor

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