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Mexican airline Grupo Aeroméxico files for US IPO
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Mexican airline Grupo Aeroméxico files for US IPO
May 13, 2024 3:05 PM

May 13 (Reuters) - Airline company Grupo Aeroméxico SAB

de CV has filed for an initial public offering in the United

States, it said in a filing with the U.S. securities regulator

on Monday.

The company is among many foreign firms that have flocked

towards U.S. bourses in recent months as they seek to tap into

the broader pool of capital and the richer valuations that

American markets offer.

Grupo Aeroméxico plans to list on the New York Stock

Exchange under the symbol "AERO".

Barclays Capital, Morgan Stanley, J.P. Morgan Securities and

Evercore Group are the lead underwriters for the offering.

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