Russia’s Europlan sees IPO price at 525–570 rbl/share

MOSCOW, Dec 4 (PRIME) -- Russian car leasing company Europlan plans to offer up to 25% minus one share in an initial public offering (IPO) on the Moscow Exchange at the price of 525–570 rubles per share, the company said in a statement Friday.

The company will accept bids for the shares until December 9, while the final IPO price will be announced on December 10, and the start of trading is scheduled for December 11.

VTB Capital will act as a global coordinator and joint book runner of the IPO, while Gazprombank will act as a joint book runner.

(67.7691 rubles – U.S. $1)

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