Fibra Uno follow-on due

Fibra Uno follow-on due

Equity

Mexican real estate fund Fibra Uno is set to price a follow-on share offering today, after books were closed yesterday. The fund is selling 580m certificates to raise capital for real estate purchases — it agreed a MXN23.5bn acquisition of a portfolio of 15 properties. Fibra Uno’s certificates closed at MXN41.65 on Monday, suggesting today’s follow-on could raise around MXN24m, excluding overallotment options. Credit Suisse and Santander are global coordinators, while BBVA Bancomer is local coor

Already have an account?

Free trial

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

Free Trial