Metrovacesa's repriced IPO oversubscribed at discount to NAV

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Metrovacesa's repriced IPO oversubscribed at discount to NAV

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Location Spain. Red pin on the map. | Zerophoto/Zerophoto - Fotolia

The IPO of Metrovacesa, the Spanish property developer, finished oversubscribed on Friday after the deal was repriced downwards after reaching the end of its scheduled bookbuild period without any covered message having been given.

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