BofA expects at least 10 Brazilian IPOs in 2027

Bank Of America

Bank Of America

BAC

0.00

SAO PAULO, May 26 (Reuters) - Bank of America BAC.N expects at least 10 initial public offerings (IPOs) by Brazilian companies in 2027, executives told reporters on Tuesday.

  • Listings expected to take place both in Brazil and the United States.

  • Deals should start at around $500 million to attract investors and ensure sufficient liquidity, said Bruno Saraiva, BofA's co-head of Investment Banking Brazil and head of Equity Capital Markets Latin America.

  • Compass Gas e Energia PASS3.SA completed an IPO earlier this month, ending a nearly five-year drought on Brazil's B3 stock exchange B3SA3.SA.

  • Despite the local drought, Brazilian companies such as digital bank PicPay and fintech Agibank have been able to list shares on U.S. exchanges.


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.