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.
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