Hope on the Horizon

Hope on the Horizon

Equity

“The market is showing itself to be quite healthy,” says Evandro Pereira, head of LatAm capital markets at UBS Pactual, which had lead roles in all of last month’s major IPOs. “We saw three deals getting priced within their stated [pricing] ranges in roughly six business days,” he adds. Pereira notes that while not all last month’s transactions were blowouts, they were a far cry from the disastrous offerings of the first quarter.A pickup in the new issue market will depend on global market conditions, say bankers, who add that there are plenty of quality assets seeking equity financing that would make for strong candidates. “The publicly available pipeline

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