Ignoring US investors costs Mexico’s Funo its deal

Oliver West

June 25, 2020 07:15 am

Mexico, Fibra Uno, earthquake, floods, LatAm, 575 — Hundreds of families lost their belongings after the intense rains that flooded the city of Xalapa during the afternoon and night. The water arrived in some places more than 2 meters high and there are people who have been evacuated from the place. So far no deaths are reported | Hector Adolfo Quintanar Perez/Zuma Press/PA Images

Mexican real estate investment trust (Reit) Fibra Uno pulled a proposed dollar Eurobond issue on Wednesday as investors said they believed the issuer may have underestimated the importance of the bid from US Qualified Institutional Buyers (QIBs).

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Oliver West

US Bureau Chief - Latin America Editor