Creating and distributing additional copies is prohibited without the permission of the publisher. Contact subscriptions@latinfinance.com.

Market Troubles Claim ECM Victim

Jun 19, 2013

Votorantim Cimentos has postponed a BRL8.0bn ($3.7bn) IPO, according to people following the sale, due to rough market conditions. US Treasury volatility and EM selloffs have meant the cancellation of many bond deals in recent weeks, and Votorantim – offering what would be one of the year’s biggest IPOs – was to be a test for the new equity issue market. “The demand didn’t...

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



LatinFinance Events

Poll

Are populist governments like Venezuela & Argentina turning pragmatic?

Vote    




“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management