IPO window reopens to test investor sentiment with EM flavours
The IPO market has reopened after the Easter break, but whether investor sentiment has improved after a difficult run up to the holiday, which saw a number of deals pulled, has yet to be seen.
“The IPO market is still open, it is just a little bit tricky,” said a syndicate banker. “In any given IPO window, it is normal for three or four deals to not go through."A number of emerging market issuers have been quick to get out of the gate ...
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