Terrafina, Macquarie fibras plot capital increases

Terrafina, Macquarie fibras plot capital increases

Equity

Mexican real estate trusts Terrafina and Fibra Macquarie are hoping to raise capital, possibly through follow-on equity sales. Both Fibras will present proposals to their shareholders in the coming weeks — Terrafina is looking to raise around MXN8.4bn ($641m), while Macquarie is eyeing around MXN7.8bn. Fibra Macquarie shareholders are set to vote on Wednesday on a proposal to issue 300m new certificates. The instruments will be held in treasury to be sold through public or private sale, or they

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