London Stock Exchange Group welcomes Brazilian Finance Minister, Dr Joaquim Levy
London Stock Exchange Group (LSEG) today welcomed Dr Joaquim Levy, Minister of Finance, Brazil who addressed a gathering of more than one hundred leading institutional investors and advisors, at LSEG’s Brazilian Capital Markets Day. To celebrate the occasion, the Finance Minister opened trading at a special Market Open Ceremony, joined by London Stock Exchange Group Chairman, Chris Gibson-Smith.
Dr Joaquim Levy, Minister of Finance of Brazil said:
“The world is trying to make infrastructure bonds into an asset class on its own, helping to unlock a tremendous amount of resources from institutional investors around the globe and helping accelerate the recovery of the world economy. Well designed projects, supported by the appropriate regulatory framework can make project bonds very attractive. Brazil wants to take on this challenge.”
Xavier Rolet, CEO, London Stock Exchange Group said:
“As an enthusiastic partner and supporter of Brazil’s extraordinary growth story, we are honoured to welcome Finance Minister Levy to open our markets and speak today. London Stock Exchange has always been home to ambitious, internationally focused companies and today’s event provides an unparalleled opportunity to strengthen ties between our two economies. By facilitating Brazilian companies’ access to London’s international investment community, we hope to help facilitate their global ambitions and we look forward to working with our Brazilian partners to maximise these opportunities.”
There are currently three Brazilian companies listed in London with a combined market capitalisation of $600m. In addition, there are 40 Latin American companies quoted in London with a total market capitalisation of more than $36bn. Together, they have raised more than $8bn in growth financing over the last 10 years.