BUZZ-Aeromexico ticks higher in NYSE debut after $223 million US IPO

Reuters
Nov 07, 2025
BUZZ-Aeromexico ticks higher in NYSE debut after $223 million US IPO

** Grupo Aeromexico's AERO.N American Depositary Shares rise as much as 6.1% in their NYSE debut

** AERO's ADS opened at $19.16 apiece vs $19 IPO price; last up 4.2% at $19.79

** Mexico City-based Aeromexico and some of its backers sold 11.7 million ADSs within its marketed range of $18 and $20 apiece to raise $222.8 million in its U.S. IPO

** In the Mexican offering, Aeromexico and some of its backers sold ~27.5 million common shares at 35.34 Mexican pesos apiece

** Listing marks Aeromexico's return to public markets after nearly three years; legacy airline emerged from bankruptcy in 2022

** The full-service carrier initially went public in 2011 and traded on the Mexican Stock Exchange (BMV) until 2022, when it delisted as part of its bankruptcy restructuring

** Barclays, Morgan Stanley, J.P. Morgan and Evercore ISI are acting as joint lead book-running managers for the international offering

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

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