Fibra Uno prices biggest follow-on yet

Fibra Uno prices biggest follow-on yet


Strong demand pushed Mexican real estate fund Fibra Uno to execute all its overallotment options in Tuesday’s follow-on share sale, to raise MXN32.8bn ($2.5bn). The deal is Fibra Uno’s biggest follow-on yet, beating the MXN22.05bn it raised in January 2013. Leads price the equity sale at MXN41 per certificate on Tuesday, a 2.52% discount to the last closing price of MXN42.06. Fibra Uno sold 800.4m certificates, which included the overallotment options above the 580m base deal targeted. The fund

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