Mexican Companies Are Lining Up to Sell Shares, Barclays Says

  • Bank chief sees as many as 10 equity capital markets deals
  • Martinez-Ostos says investors are bullish about new government
Raul Martinez-Ostos, chairman and chief executive officer of Mexico and Latin America for Barclays Mexico, during the Association of Mexican Banks (ABM) convention in Acapulco, Mexico, on Thursday, April 18, 2024. Photographer: Fred Ramos/Bloomberg
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Mexican companies are pushing ahead with plans to sell shares, seeking to tap renewed interest from global equity investors, according to the head of Barclays Plc in the country.

Raul Martinez-Ostos, chief executive and chairman of Barclays Mexico, said between five and 10 equity capital markets deals are in the works, spurred on by the success of several recent listings. The companies, which he didn’t identify, would list domestically or in the US as foreign investors move to buy Mexican stocks, he said.