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Infraestructura Energetica Nova SA de CV Sets Price For Its Initial Public Offering


Friday, 22 Mar 2013 11:58am EDT 

Infraestructura Energetica Nova SA de CV announced that it has set the price for its Initial Public Offering in Mexico, consisting of 98,623,879 ordinary class II shares, at MXN 34 per share. Simultaneously, the Company has set the price of its International Private Offering, consisting of 91,037,426 ordinary shares at an offer price equal to the public offering registered in Mexico. It is anticipated that the execution of both offers will occur on March 27, 2013. The underwriters of the Initial Public Offering registered in Mexico and the initial purchasers of the International Private Offering have received a 30-day option to purchase up to 28,449,195 ordinary shares at an offer price mentioned above, less discount or placement fee to cover over-allotments. 

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