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Santander Mexico prices ADSs at $12.18, the midpoint of the range

Grupo Financiero Santander Mexico, the second largest bank in Mexico and a spin-off of Spanish bank Santander, raised $3.6 billion in a dual listing by offering 235 million ADSs in New York at $12.18, at the midpoint of its proposed range, and 294 million shares...read more

4 US IPOs planned for the week of Sep 24

The following IPOs are expected to price this week: Grupo Financiero Santander Mexico (BSMX), a second largest bank in Mexico and a spin-off of Spanish bank...read more

Santander Mexico sets terms for $3.5 billion dual-listed IPO

Grupo Financiero Santander Mexico, which mexico's second largest financial services holding company based on net income, announced terms for its IPO on Tuesday. The Colonia Lomas de Santa Fe, Mexico-based company plans to raise $3.5 billion by offering 1.5...read more

Santander Mexico files for dual-listed IPO

Grupo Financiero Santander Mexico, which is Mexico's second largest financial services holding company based on net income, filed on Friday with the SEC to raise up to $100 million in an initial public offering, though the $100 million figure is just a...read more

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