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News  ›  GlobeNewswire Inc.

Aeroméxico Announces Pricing of Global Offering

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Grupo Aeroméxico
Aeroméxico Announces Pricing of Global Offering

Aeroméxico is launching a global offering of 11,727,325 American Depositary Shares at $19.00 per ADS and 27,463,590 common shares at Ps. 35.34 per share, expecting to raise approximately $178.8 million for fleet expansion and infrastructure investments.

Insights
MSpQ   positive

Analyst provided bullish assessment of Tesla's autonomous driving capabilities and potential revenue generation


DAL   neutral

Delta is a strategic partner who did not participate in the offering but entered a four-year lock-up agreement