October 5, 2017 |
Orderbooks on Fibra Uno's follow-on equity offering were several times oversubscribed on Wednesday afternoon, while the share sale itself was poised to price overnight, LatinFinance understands.
The Mexican real estate investment trust had attracted several long-only funds both in Mexico and abroad, while real estate-dedicated global investors had subscribed to the deal, ECM bankers said.
FUNO plans to raise at least MXN12.87bn ($711m) on the Mexican stock exchange and its stock traded as high
Mexican REIT builds orders ahead of potential $700m follow-on offering