With the record-breaking Petrobras offering out of the way, bankers say there could be up to 10 further equity deals in Latin America over the next three months, maintaining the momentum built over the past year.
There have been 42 deals out of Latin America in the year to October 22, totalling $48.4 billion, according to Dealogic. Petrobras accounts for $26.5 billion of that volume. The Brazilian oil firm raised $70.1 billion in September but the government took up just under two-thirds of the offering.
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