Overview
- Aeroméxico priced 27,463,000 shares in Mexico at MXN 35.34 each and 11,727,000 ADS in the U.S. at $19 per ADS, with each ADS representing 10 ordinary shares.
- Trading begins November 6 on the Bolsa Mexicana de Valores under the ticker AERO and on the New York Stock Exchange, with final settlement expected November 7 subject to customary closing conditions.
- The transaction includes both primary and secondary components, with gross proceeds expected to total roughly $178.8 million before fees.
- Selling shareholders granted a 30‑day over‑allotment option for the international tranche covering up to 2,171,000 additional shares, with no over‑allotment for the Mexican offering.
- PAR Investment Partners committed to a simultaneous private placement of about $25 million, and Delta Air Lines did not sell in the offering and agreed to a four‑year lock‑up.