VA News

Supported by stable equity returns, global IPO issuance reached the highest levels since 2010. Annual IPO proceeds increased 48.7% to $204.8 billion. North America was the largest contributor to IPO issuance with the United States accounting for 39% of global proceeds. Europe, the Middle East and Africa also experienced jumps in IPO proceeds after facing struggles in recent years...read more

Over the last year, the US IPO market set a 14-year record against a mostly low-volatility backdrop. With 273 IPOs, 2014 was the most active period of issuance since 406 companies went public in 2000. It was the second year of uninterrupted IPO activity, up 23% over 2013, due to a doubling of biotech issuance. Proceeds of $85 billion, inflated by Alibaba’s $22 billion offering...read more

Azul, Brazil's third largest airline, refiled on Monday with the SEC to raise up to $100 million in a US initial public offering of ADSs representing preferred shares. However, the deal size is likely a placeholder for an IPO that could raise $500 million. The company plans to dual list its preferred shares on the NYSE and the São Paulo Stock Exchange. Azul originally...read more

Azul, Brazil's third largest airline, refiled on Monday with the SEC to raise up to $100 million in a US initial public offering of ADSs representing preferred shares. However, the deal size is likely a placeholder for an IPO that could raise $500 million. The company plans to dual list its preferred shares on the NYSE and the São Paulo Stock Exchange. Azul originally...read more