Globcash puts off IPO again

Globcash puts off IPO again

IPO Mexico Capital Markets Commerce Equity

Mexican pawn shop operator Globcash has rescheduled a planned initial public offering (IPO) for the second week of September as it waits for market conditions to improve, a company spokesperson told LatinFinance this week. Globcash previously delayed the IPO until late June, but "the scheduled date coincided with a sell-off, and the placement team considered it more prudent to schedule it after the summer," the spokesperson said. Globcash, which operates the Casa Mazatlán brand of pawn shops, fi

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