QGOG Postpones

QGOG Postpones

Brazil Equity

Brazil's Queiroz Galvao Oleo e Gas (QGOG) has postponed its IPO, according to people familiar with the deal. After a well-bid sale from Brazil's Linx Wednesday night, the SEC-registered debut targeting $600m was heard getting insufficient demand as of late Thursday. There was no immediate indication of if it would attempt another pricing. Though there has been optimism for Brazilian issuers to start the year, the decision is not good news for the Brazilian oil sector, which has not seen a ECM de

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