Alex Ibrahim is Vice President and Regional Head of Latin America, Bermuda and the Caribbean for the Global Corporate Client Group of NYSE...
Alex Ibrahim, Head of Latin America, Caribbean and Bermuda regions for NYSE Euronext Listings discusses the first IPO for 2012 of a Latin American company on the NYSE, his view on general IPO trends from the region and his IPO outlook for the rest of the year.
While the U.S. financial system suffered setbacks over the last couple of years, Latin America came through the crisis relatively unscathed. Countries such as Brazil, Chile, Colombia and Peru, are growing at their fastest clips in years.
These are exciting times in Latin-America’s markets. Local stock markets are performing well, unemployment is relatively low, and companies are growing, hiring and executing their business plan. That make them attractive to US and global investors.
Latin American’s companies gain a great deal from being listed in both the NYSE. A listing on the NYSE helps Latin American companies increase liquidity by giving them access to a much larger, more diversified and more global shareholder base.