Brazil’s bankers are optimistic that several IPOs will soon come to market after a barren 12 months. This follows the record debut listing of Visanet on the Bovespa at the end of last month. At R$8.24 billion ($4.24 billion) the deal, managed by Goldman Sachs, JPMorgan, Banco Santander and BB Investimentos, the investment-banking arm of Bradesco, is the biggest Brazilian IPO so far this year. A number of follow-on offerings are seeing the light of day too.
"I’m pretty busy right now. The market is returning quite fast to relative normalcy," says Evandro Pereira, head of equity markets at UBS Pactual, which will stay...
