Brazil’s BR Partners Investment Bank Will Resume IPO Plans, CEO Says

The independent investment bank had shelved a planned IPO on Brazil's B3 exchange in September 2020 due to market volatility, but it now believes the market is in a better place to welcome its offering.

RIO DE JANEIRO, BRAZIL - Brazil-based BR Partners will relaunch its plans for an initial public offering in the coming days, CEO Ricardo Lacerda told S&P Global Market Intelligence.

BR Partners is one of the leading independent investment banks in Brazil. It could file for the offering as soon as January 26th, said Lacerda, who is also the company's founding partner.

The independent investment bank had shelved a planned IPO on Brazil's B3 exchange in September 2020 due to market volatility, but it now believes the market is in a better place to welcome its offering . . .

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