In early 2023, the disclosure of a major accounting scandal brought Brazil’s capital markets to its knees. A BRL20 billion (then $3.9 billion) hole found in the books of Americanas, a traditional retailer, caused banks to close their credit spigots, slammed the Ibovespa stock index and, for a couple of months, turned investors away from Brazilian securities.
Category: 2024 Q2
Posted inMagazine
Market Talk: Bonds
Latin American primary bond sales are expected to remain robust in the second quarter of 2024 after the market saw a pickup in deals in the first two months, analysts say.
Posted inMagazine
Market Talk: Loans
Lending activity in Latin America is expected to pick up in the second quarter of 2024 after a sluggish start to the first quarter, led by corporate demand for funds for acquisitions, an analyst says.
Posted inMagazine
Market Talk: Equity
After two years without any major IPOs, a Mexican retail chain broke the ice in February. More are expected to follow suit as falling interest rates push investors back to the equity markets.
Posted inMagazine
Market Talk: M&A
After a slow year, M&A is recovering in Latin America as investors bet that the region’s economic growth, expanding middle class and falling interest rates will boost the probability of successful deals.
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