S&P expects fewer foreign bidders in Brazil's next concession auctions

S&P expects fewer foreign bidders in Brazil's next concession auctions

Credit Ratings S&P Global Economy & Policy Brazil Europe China Canada United States Project & Infrastructure Finance Toll Road Ports Railroads Highways Water & Sewage Regulation

S&P Global Ratings does not expect to see "massive participation" from foreign bidders in the next round of infrastructure concession auctions in Brazil as companies recover from the economic fallout of the COVID-19 pandemic. "However, there's sufficient investor appetite for Brazilian infrastructure assets, given the country's still considerable infrastructure shortfall, ample liquidity and Brazil's favorable regulatory framework," S&P said in a report. Brazil starts the next round of c

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial