February 2012
Deals of the Year 2011: Gerdau follow-on
Latin American markets promised much but delivered little in terms of equity transactions. Brazil, the traditional engine of ECM activity, flattered to deceive with a successful IPO by Arezzo in January. Then the market fell away as deal after deal has priced at the bottom of or below its pricing range.
After-market performance was typically immediately bad but some deals clawed back lost ground through the year. Away from Brazil there was the helium-like...
More information on deals of the year
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