Equity: New year’s revolution

Jan 1, 2013

The volume of equity capital market raisings for 2012 – standing at $23.78 billion towards the end of December – has fallen well short of the $34.65 billion for 2011 (itself considered low).

Bankers and many issuers are hoping for a rebound this year. There are grounds for optimism on two fronts: the belief that Brazilian valuations are so low that investors will regain their interest and continued enthusiasm for the ex-Brazil story. And, say some bankers on a grimmer note, could things get any worse?

At the end of 2012, Mexico continued to be the bright spot in the sector. Macquarie brought a Fibra real estate fund transaction. (Fibras are similar but not identical to REITs.) This was the largest-ever real estate IPO...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

Upcoming Events

Poll

Which area will be most profitable for investment banks in LatAm in 2016?

Vote    




Popular Searches