SAO PAULO: With Brazil’s normally ebullient Carnival likely to be curtailed by coronavirus next year, investment bankers are planning their own parade with a long lineup of Brazilian share offerings.
As COVID-19 vaccine hopes and record low interest rates entice investors into stocks, 30 firms are limbering up to list in Latin America’s largest economy in the first quarter of 2021, more than made their market debut during the whole of 2020. The backlog means that bankers who would usually head for the beach between New Year and Carnival in February will now be preparing a different kind of float from their virtual offices.
FOCUS-Brazil s bankers prepare floats for Carnival with a difference
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