Brazilian equity issuers are hoping, finally, for a shot at a deal in the coming months, but political developments continue to hamper progress
Tag: Gafisa
Posted inDaily Brief
Tenda scraps IPO
Gafisa instead agrees to sell up to 30% in the low-income homebuilder to real estate investor Jaguar
Posted inDaily Brief
Banks take orders on Tenda IPO
Books for the Brazilian homebuilder’s equity offering remain open an extra day, sources say
Posted inDaily Brief
Movida joins IPO pipe, underlining growth in Brazilian car rental space
Brazilian car rental firm picks banks for what would be Brazil’s second IPO from this sector after Unidas filed documents earlier this week
Posted inDaily Brief
Gafisa picks banks for possible Tenda IPO
Brazilian homebuilder also considers spinning off its low income housing division
Posted inDaily Brief
Gafisa considers Tenda spin-off
Brazilian home builder hires Rothschild to study separating of its low-income housing unit
Posted inDaily Brief
Moody’s downgrades three Brazilian homebuilders
The rating agency says a prolonged economic downturn could hurt the sector through at least 2017