Bolsa Readies for Next Hotel Operator

Bolsa Readies for Next Hotel Operator

Mexico Equity

Grupo Hotelera Santa Fe plans to become the latest Mexican hotel operator to hold an IPO, according to offering documents. The size and timing remain to be set for the deal that features primary as well as secondary shares sold by existing shareholders. Developer Grupo Chartwell and private equity funds Walton Street and Nexxus are the main owners. Santa Fe is raising funds to repay debt and for expansion. Barclays and JPMorgan are managing the international portion, and BBVA and Santander the M

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