BNY Mellon appointed by Volaris

Dino D'Amore
By Dino D'Amore October 3, 2013 09:24

BNY Mellon appointed by Volaris

BNY Mellon has been appointed by Mexican low-cost carrier Controladora Vuela Compania de Aviacion (Volaris) as depositary bank for its American Depositary Receipt programme in the first dual-listed initial public offering from Mexico this year.

Each Volaris ADR represents 10 Certificados de Participacion Ordinaria and trades on the New York Stock Exchange. The company´s ordinary shares trade on the Mexican Stock Exchange as (MEX: VOLAR).

Dino D'Amore
By Dino D'Amore October 3, 2013 09:24
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