Magazine Luiza Files for IPO

Brazil’s Magazine Luiza has filed a preliminary prospectus for an IPO. According to securities filings, Itau is listed as the lead coordinator, while Banco Investimentos and BTG Pactual are listed as coordinators. BTG is also listed as the stabilizing agent. According to the filing, the retail chain generated BRL319.9m in Ebitda in 2010, up from BRL64.6m in Ebitda for 2009.