Conconcreto plots ADRs

Conconcreto plots ADRs


Colombian construction firm Conconcreto is considering raising capital through the sale of ADRs, its president Juan Luis Aristizabal said on Wednesday. The firm sold a COP243bn ($137m) follow-on equity sale in December 2012, two years after raising COP94.68bn through a Colombian IPO. “Our next step should be going into the international markets,” Aristizabal told LatinFinance’s Emerging Issuers & High Yield Forum on Wednesday. “We can use a lot of capital. Our business is capital intensive. If y

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