June 21, 2021 |
Alterna Asesoría Internacional, a spin-off from Mexican financial services firm Actinver, is looking to expand to Europe and other markets in Latin America in the next five years, but it does not plans to issue debt to fund growth, CEO Alonso Madero told LatinFinance on Friday.
"We have a capital of around $20 million in capital and, with that, we are more than overcapitalized to carry out projects" in the first phase of the expansion plans, he said.
Alterna has offices in Mexico City and Houst
Actinver spin-off does not plan to raise debt to fund its five-year expansion program, CEO says