BrasilAgro Considers Follow-On

BrasilAgro Considers Follow-On

Equity

Brazilian agricultural developer BrasilAgro could re-tap the equity markets with in the next 12 months, as funds raised in a 2004 IPO deplete. “We will, depending on conditions, likely approach the market in the next 12 months looking for more resources,” Carlos Aguiar, CFO, tells LatinFinance, noting the importance of attracting new investors. He says that over 90% of its funds are committed, and that BrasilAgro could raise BRL200m-BRL300m from such a sale. The developer – founded by Cresud, Ta

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