Bulletin: Aeromexico's IPO Provides Liquidity That Will Support Its Strategy

This report does not constitute a rating action. MEXICO CITY (S&P Global Ratings) Nov. 11, 2025--S&P Global Ratings today said that Mexico-based airline company Grupo Aeromexico S.A.B. de C.V. 's completion of its IPO provides a liquidity buffer that will support its strategy. This IPO is a milestone for the company, marking its return to the Mexican Stock Exchange (BMV) and its first time trading on the New York Stock Exchange. The transaction involved the placement of just over 27.4 million shares in both the primary and secondary markets in Mexico at an estimated price of 35.3 Mexican pesos per share, in addition to the placement of around 11.7 million American Depositary Shares in the U.S. at around $19 each.

...November 11, 2025 This report does not constitute a rating action. MEXICO CITY (S&P Global Ratings) Nov. 11, 2025--S&P Global Ratings today said that Mexico- based airline company Grupo Aeromexico S.A.B. de C.V.'s completion of its IPO provides a liquidity buffer that will support its strategy. This IPO is a milestone for the company, marking its return to the Mexican Stock Exchange (BMV) and its first time trading on the New York Stock Exchange. The transaction involved the placement of just over 27.4 million shares in both the primary and secondary markets in Mexico at an estimated price of 35.3 Mexican pesos per share, in addition to the placement of around 11.7 million American Depositary Shares in the U.S. at around $19 each. Furthermore, Aeromexico announced a private placement of shares for a total of around $25 million. Through the primary offering and private placement, the company raised proceeds near $179 million, which it will use for general corporate purposes, including costs...

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