Brazilian companies raise 52.2bln reais in the first quarter
Brazilian companies raised 52.2 billion reais in the first quarter of 2017, with a significant recovery (139%) compared to the same period in 2016. The result was mainly driven by bond issues abroad, which totaled nearly 10 billion dollars in the first three months of the year, and by the resumption of stock offerings, which amounted to 8 bln reais, a 150.7% growth compared to the same period in 2016.