Fibra Mty sells shares in 'challenging' market

Fibra Mty sells shares in 'challenging' market

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Mexican real estate investment trust (REIT) Fibra Mty said it raised MXN3.45 billion ($173 million) in a follow-on offering in the local market "despite challenging market conditions," according to a securities filing. The company sold 246 million certificados bursátiles fiduciarios inmobiliarios, or CBFIs, for MXN12.20 each in a deal that 1.2 times oversubscribed, it said in the filing on Tuesday. BBVA, Actinver, BTG Pactual, GBM and Scotiabank were the bookrunners, it added. The bookrunners ha

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