MEXICO CITY May 29 Mexican lender Banco del
Bajio is looking to raise around $490 million next month in what
will be the country's second new stock offering this year,
according to a copy of the bank's prospectus.
Banco del Bajio is seeking to raise around 9 billion pesos,
including overallotment, in a June 7 initial public offering
where it sees a price range of between 29 pesos and 32 pesos per
share, according to a document posted on the website of the
Mexican stock exchange.
(Reporting by Michael O'Boyle and Sheky Espejo)