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RSS FeedsBrazil 2019 equity offering surge could be just the start, bankers say
(World News Brazil)

 
 

16 january 2020 17:25:58

 
Brazil 2019 equity offering surge could be just the start, bankers say
(World News Brazil)
 


SAO PAULO — Brazilian stock offerings may more than double in value this year from a bumper 2019, with the country’s lowest interest rates on record seen fueling optimism and leading more companies to test the markets, bankers say. Despite a history of market volatility over the past decade, many are hoping that a less interventionist government under conservative President Jair Bolsonaro could give the current boom staying power. “Brazilian capital markets have entered a long-term growth cycle that may last years,” said Fabio Nazari, head of equity capital markets at Banco BTG Pactual SA. After more than tripling last year, share offerings activity...


 
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