Mexican Companies Are Lining Up to Sell Shares, Barclays Says [Financial Post (Toronto, Ontario, Canada)]
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Mexican companies are pushing ahead with plans to sell shares, seeking to tap renewed interest from global equity investors, according to the head of Barclays Plc in the country. Raul Martinez-Ostos, chief executive and chairman of Barclays Mexico, said between five and 10 equity capital markets deals are in the works, spurred on by the success of several recent listings. The companies, which he didn't identify, would list domestically or in the US as foreign investors move to buy Mexican stocks, he said. Article content Article content “People are putting their money to work in Mexico,” Martinez-Ostos said in an interview at the country's annual banking convention in Acapulco. “They see a huge opportunity here that they have not seen in a long time.” The uptick shows how investors are looking past the upcoming election and betting Mexico's ec
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