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OHL Mexico Returning to ECM
OHL Mexico is planning to raise additional funds in the equity capital markets, it says. The unit of the Spanish concession operator plans an all-primary transaction with Mexican and international tranches. It does not indicate size or timing, though filing now sets up a likely July sale. BBVA and UBS have been hired to manage, the transaction, which will raise funds to make investments in projects and repay debt. The issuer raised $900m-equivalent in a 2010 IPO.
