Monthly Archives: August 2013

Pricing keeps Latin American issuers out of international DCM market

The international capital markets remain open to Latin American companies, according to bankers, but pricing expectations have shifted considerably in recent weeks, and activity in the coming months is likely to be subdued. Changing market expectations about when the US … Continue reading

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Brazilian IPOs: innovation or desperation?

Recent Brazilian IPOs have incorporated novel support structures in an attempt to generate demand,  but some ECM bankers warn that the movement away from traditional bookbuilding might damage, rather than help, the troubled primary issuance market. In mid-April, Biosev priced a … Continue reading

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