Bidding book for Credit Bank of Moscow SPO closed at 4.5 rbl/shr

MOSCOW, Oct 25 (PRIME) -- The bidding book for a secondary public offering (SPO) of Credit Bank of Moscow was closed at 4.5 rubles per share, a banking source told PRIME late on Tuesday.

The bank held a road show and collected bids for its SPO from October 19 through Tuesday. The price will be set on Wednesday.

Otkritie Capital, Societe Generale, Aton and brokerage company Region are the organizers.

A source said earlier this month that Credit Bank of Moscow planned to raise U.S. $258 million in the SPO.

(57.5852 rubles – U.S. $1)

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