STXNEWS LATAM-Brazil's Azul seeks to become publicly listed company
Azul Linhas Aereas Brasileiras SA, Brazil's third-largest airline, on Tuesday asked securities industry watchdog CVM for permission to register as a publicly listed company, a step that often precedes issuance of new debt or shares.
Last year Azul had scrapped plans for a similar registry in the face of turmoil in financial markets and questioning from the regulator about its proposed capital structure.
IFR, a Thomson Reuters publication about capital markets, reported in January that Azul had revived plans for an initial public offering worth around $1 billion.
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