Equity deal of the year: Azul's R$2bn ($644m) upsized IPO

摘要

Azul's R$2 billion ($644 million) initial public offering (IPO) wins 2017's equity deal of the year. David Neeleman's Brazilian airline listed in Brazil and New York in April 2017. The deal achieved several milestones: it was the first dual-listed Brazilian IPO since 2009; the largest Brazilian IPO since BB Seguridade in April 2013; the first airline IPO in Brazil since 2006; and the first US-listed aviation IPO since Virgin America in 2014.