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Santander Order Book Bulges

Oct 6, 2009

Santander Brazil is poised to raise up to BRL15.6bn in its IPO today. The bank is offering 525m shares, an amount that can be increased by 75m in greenshoe shares and 25m in hot issue shares. Pricing is slated to fall somewhere between BRL22.00-BRL25.00. If it prices the deal at the BRL23.50 midpoint of...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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