Construction and infrastructure company OHL Mexico, a subsidiary of the Spanish construction company, announced today to the Mexican Stock Exchange a Follow-on of up to 241.1 million new shares, equivalent to 13.9% stake in the company.

The issuer has appointed BBVA Bancomer and UBS as Global Coordinators of the deal.

The placement, whose pricing is expected to be on June 20th, will be structured through a public offering in Mexico and a private offering abroad. BBVA will act as Joint Bookrunner in both tranches.

As announced by the company, the funds are to finance new projects in Mexico, to fund its current investment plans and to repay current liabilities.

OHL Mexico is one of the principal transportation infrastructure concession operators in the private sector in Mexico and a leading operator in Mexico City's greater metropolitan area in terms of number of concessions and kilometres of toll road in operation and under concession.

OHL Mexico shares have been listed on the Mexican Stock Exchange since November 2010 and are included in the Quoted Price Index ("IPC"), Mexico's primary stock market indicator which is comprised of the 35 largest issuers in terms of market capitalization and trading volume.