September 25, 2013
By Ben MillerLatin American companies are heading for one of their best capital-raising years in the equity market in recent memory. Mexicans have taken many of the headlines, but Brazilians are lining up again for the autumn window. If the early-September pipeline of deals is executed successfully, it will mark 2013 as an unequivocal success.
Due to arrive in September and October in Brazil were a follow-on from auto parts maker Tupy, raising perhaps $500 million, as well as several smaller IPOs. Growing for-profit educators Ser Educacional and Ánima Educação will try their luck, as will a trio of vehicle logistics, tracking and security firms — Ouro Verde, Unidas and Sascar. These are th
A busy pipeline of Brazilian IPOs and follow-ons is setting 2013 up to be one of the better years for Latins in the equity capital markets