IPO drought drags on in Brazil

IPO drought drags on in Brazil

Corporate & Sovereign Strategy Equity IPO Brazil Capital Markets Interviews

No companies in Brazil filed for an initial public offering (IPO) in the local market in the first half of the year, and a light at the end of the tunnel may only begin to appear next year, bankers told LatinFinance this week. "I don't think you will be overly excited with the IPO pipeline between now and the end of the year," said Roderick Greenlees, global head of investment banking at Itaú BBA. "The biggest uncertainty we have on the horizon is related to inflation in the US. Until we have a

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