Alfa mulls new banks for Sigma IPO

Alfa mulls new banks for Sigma IPO

Equity

Alfa is considering changing the banks that will lead a planned IPO of Sigma Alimentos once the food producer closes a planned acquisition, the firm’s chief financial officer Ramon Leal told LatinFinance. Sigma closed a $1bn, 5-year senior unsecured facility earlier this month to finance an acquisition bid for Spain’s Campofrio Food Group. The Mexican firm also filed for an IPO in November, hiring Bank of America Merrill Lynch, Banorte-Ixe, Citi and Goldman Sachs. “Now with the results of the Ca

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