Retailer Can’t Break Brazilian ECM Trend

Dec 13, 2013

Via Varejo has priced a BRL2.85bn ($1.22bn) follow-on well below the bottom of the price range, closing out another rough year for Brazilian equity issuers. The retailer had been aiming for at least BRL3.9bn, but weak demand meant it had to settle for less – a pattern all too familiar to the Brazilian market. The...

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