MEXICO CITY (Dow Jones)--Mexican construction company Empresas ICA SAB (ICA) and Goldman Sachs Infrastructure Partners set the ball rolling for infrastructure trusts on the local stock market Friday, selling a 6.55 billion peso ($477.3 million) stake in a toll road concession.

Institutional investors, mostly pension fund managers, bought shares in the trust for a 32% stake in Red de Carreteras de Occidente, or RCO, which operates four toll roads in central Mexico.

ICA and Goldman Sachs put in MXN2 billion in fresh capital, leaving them with stakes of around 55% and 13%, respectively.

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Posted by rjorr at October 2, 2009 7:51 AM