Analyst Research

Report Title Price
Provider: Reuters Investment Profile
Provider: Wright Reports

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Grupo Financiero Interacciones SA de CV Places Public Share Offering Totaling MXN4,209 Million

Thursday, 17 Oct 2013 10:31am EDT 

Grupo Financiero Interacciones, S.A.B. de C.V. announced that on October 16, 2013 it has completed the public offering of shares on the Mexican Stock Exchange and in the international market, with the goal of obtaining resources to accelerate the growth of its loan portfolio while maintaining a solid capital base. The shares trade on the Bolsa Mexicana de Valores (BMV) under ticker GFINTERO. The offer received a positive response, despite an environment of global volatility, resulting in the placement of the 69 million shares offered. By virtue of an oversubscription of 2 to 1, the 15% over-allotment option was exercised, increasing the offer size from the originally planned 60 million shares to 69 million shares. The placement price was MXN61.00 per share, resulting in gross proceeds of MXN4,209 million, including the over-allotment option, thus exceeding the amount of the base offering. 

Company Quote

-0.76 -0.68%
19 Sep 2014