The winds are changing to the. At least in the evaluation of XP Investimentos, there is a fundraising window approaching for the product category and the manager intends to return to her “very actively”.
“We think it has a very positive horizon. Agro is well positioned we want to re -relieve the distributions and captures of these funds,” said Head in the XP Investment Bank coverage area, Pedro Freitas. “It’s a big bet for us,” he said in an interview with Infomoney at the agribusiness event in São Paulo.
In its assessment, this market has been stopped from the point of view of funding in the last two years. Now, he believes that good passed during the period were resolved.
After, some strokes faced default on some credit operations. Now, although the interest rates follow high – the Focus Bulletin foresees Selic by 14.75% at the end of 2025 – Freitas points out that a standardization in the market has been through the generation of margin for agribusiness, especially in the grains. “Consequently, credits end up performing better,” he says.
Window (still) closed to Ipos
It is the same scenario of high interest rates that have prevented the opening of a IPO window of the bag. In 2021, the last moment of capital opening, agribusiness was one of the protagonists, with six IPOS. XP participated in five of them and led three.
“We see good companies that failed to do IPO in the 2021 window and others who lived the idea indoors to do it,” he says. “From the point of view of the stock market investor, Agro is still little penetrated by the wallets, the percentage of allocation of the backgrounds. When there is a window, it will surely have a lot to do in agribusiness, in our vision.”
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In direct debt captures, through, there is also optimism in the manager, such as coordinating the supply of the longest in the market for JBS, coordinated by XP, in May 2024.
“We are in a year with a lot of emission. This shows the investor’s desire to buy agro, to be close to Agro and good companies,” he says.
XP is one of the gafff supporters, whose motto is “bringing agro verticals to the city”. For the company, the event serves as a interlocution platform between agents who are far from the operation in the field and the producers.
