Grace Fan

Director, Brazil/Latin America Research

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Recent Brazil research

* Brazil: Is pension reform still possible?, Elizabeth Johnson, Grace Fan, 10 Aug 2017
* Brazil: The cost of Temer’s victory, Grace Fan, Elizabeth Johnson, 3 Aug 2017
* Brazil: Can the market really decouple from the political crisis?, Grace Fan, 28 Jul 2017
* Brazil: Can the market really decouple from the political crisis?, Grace Fan, 28 Jul 2017
* Brazil: Temer’s political woes will drag through August, Grace Fan, Elizabeth Johnson, 20 Jul 2017

See all our Brazil research >>

The third airport privatization auction shapes up

Overview

Twenty-one months after Brazil’s successful February 2012 airport privatization auction, the Dilma administration is belatedly moving ahead with plans to sell off its next two airport concessions on 22 November. Investor interest – particularly in Rio de Janeiro’s Galeao International Airport – is high despite the low projected IRR of 6.46 per cent, aided by asset quality and a tested model that will award the concession to the highest bidder. However, there is less interest in Belo...

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