Russia’s Europlan to offer 25% shares in IPO in December

MOSCOW, Nov 30 (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 in December, the company said in a statement Monday.

The shares will be offered to the company’s sole shareholder, Cyprus-registered Europlan Holdings Limited, which is wholly owned by Mikail Shishkhanov.

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

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