Global Accounts Stay the Course in Latin Equity as Volumes Double

Global Accounts Stay the Course in Latin Equity as Volumes Double

Equity

International investors have supported recent equity issues despite volatile conditions, says an ECM banker as the market ends a busy first half of the year. Latin equity issuance more than doubled year on year in the first half, hitting $21.4m equivalent from 46 transactions, according to Dealogic. While the number of deals is not vastly higher than the 36 sold in the first half of 2012, the amount issued is more than twice the $9.8bn sold in that period. The sharp increase in equity sales has

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