Geopark heard to push ahead with listing as sour equity markets discourage Office Depot, Fras-le

Geopark heard to push ahead with listing as sour equity markets discourage Office Depot, Fras-le

Chilean oil and gas exporter Geopark is set to price its US IPO today, despite other firms stepping back from the equity market amid tough conditions, LatinFinance understands. Nevertheless, the deal is likely to pull in less cash than expected. It was heard to have been downsized from the 20m shares at $8 to $10 each that were planned. The news came amid a rough day for Latin America’s equity markets, with Grupo Gigante postponing its Mexican listing of Office Depot de Mexico, and Brazilian bra

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial