Prudential unit, 3 funds to raise up to $1.3 billion

Bloomberg - Prudential Financial Inc.’s Mexican unit and three other investment companies will seek to raise as much as 16.3 billion pesos ($1.28 billion) by the end of September from the government and pension funds. The four trusts will use the money to finance real estate and transportation infrastructure projects in Mexico.

www.bloomberg.com/news/2010-07-26/prudential-unit-3-mexico-funds-to-raise-up-to-1-3-billion-by-september.html