18-Apr-2011 4:14 PM

Oversubscribed Avianca-TACA IPO provides another indicator of buoyant Latin American industry

Analysis

Preliminary results from Avianca-TACA's initial public offering (IPO) show a strong appetite for Latin American airline stocks. The offer period for Avianca-TACA shares expired on 15-Apr-2011 with a healthy five to one oversubscription ratio.

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Oversubscribed Avianca-TACA IPO provides another indicator of buoyant Latin American industry

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