Bovespa Mais listings set for BNDES boost

Bovespa Mais listings set for BNDES boost


BNDES has allocated over BRL1bn ($448m) to invest directly in Brazilian companies that are listing on the country’s small-cap exchange, the Bovespa Mais, as part of a BRL3bn program to support growth firms accessing equity markets that was announced on Tuesday. The program comes as Brazil’s regulators strive to ease the way for small companies to access the capital markets, and follows a survey of similar endeavors in other markets. BNDES has allocated BRL1bn to take an anchor investor stake of

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