Report: Russia’s Europlan sets IPO price at 570 rbl/share

MOSCOW, Dec 10 (PRIME) -- Russian car leasing company Europlan has set the price of its initial public offering (IPO) at 570 rubles per share, Reuters reported Thursday quoting banking sources.

VTB Capital will act as a global coordinator and joint book runner of the IPO, while Gazprombank will act as a joint book runner. Europlan’s shares have already passed the listing procedure at the Moscow exchange and were included in quotation list 1.

The company will offer up to 25% minus one share at the IPO.

(69.2000 rubles – U.S. $1)

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