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rgentine real estate developer RAGHSA has launched a US$33 million initial public offering (IPO) with the help of Bruchou & Funes de Rioja. This marks the first IPO on Buenos Aires's stock exchange this year, bringing much-needed capital to the market.
RAGHSA is seeking to raise funds for its real estate projects in Argentina, which are expected to drive growth and expansion in the sector. The company has chosen Bruchou & Funes de Rioja as its legal advisor for the IPO, leveraging their expertise in capital markets and securities law.
The success of this IPO could pave the way for other companies to follow suit, injecting much-needed liquidity into Argentina's stock market. As the country continues to navigate economic challenges, the influx of new capital is expected to have a positive impact on the real estate sector and beyond.
