ICA Clinches Reduced OMA Selldown

ICA Clinches Reduced OMA Selldown

Mexico Equity

Mexico’s Aeroportuario del Centro Norte (OMA) has priced a MXP2.76bn ($214m) follow-on of shares owned by Empresas ICA, landing at a 4.0% discount. After an initial postponing of the deal last week, the 69m secondary shares priced at MXP40.00 each, according to a filing. The total assumes a 15% greenshoe and the price compares to the previous MXP41.68 closing level Monday. OMA shares closed at MXP40.31 Tuesday. Some 60% of the deal went to international buyers and 40% to Mexicans. The stake repr

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