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Article: Grupo Simec, S.A.B. de C.V. Prices Global Public Offering.

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PR Newswire
Article date:
February 9, 2007
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GUADALAJARA, Mexico, Feb. 9 /PRNewswire-FirstCall/ -- Grupo Simec, S.A.B. de C.V. announced today that it has priced its global public offering of 52,173,915 Series B Shares at Ps. 45.70 per share or US$12.50 per ADS. The global offering includes a concurrent offering of Series B Shares in Mexico. Grupo Simec has granted the underwriters an option to purchase 7,826,085 Series B Shares to cover over-allotments, if any.

Citigroup Global Markets Inc. is acting as the global coordinator for the offering. Acciones y Valores Banamex, S.A. de C.V., Casa de Bolsa Integrante del Grupo Financiero Banamex, and Ixe Casa de Bolsa, S.A. de C.V., Ixe Grupo Financiero, are ...

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