March 16, 2021 |
Issuance of Brazilian equities, whether via initial public offerings (IPO) or follow-on issuance, will likely reach a record high in the second quarter of 2021. Add in the likelihood of Mexican companies coming back to the equity markets with some sizeable issuances, the year is shaping up as one where companies are retooling and rebuilding for expansion, said Facundo Vázquez, head of Latin American equity capital markets at Goldman Sachs.
The year had already opened with record volumes out of Brazil, where there were 13 IPOs totaling BRL19.2 billion ($3.4 billion) in the first two months, according to Brazil’s securities commission.
“We haven’t seen a level of activity like this one in th
Interview with Facundo Vázquez, Head of Latin America ECM at Goldman Sachs