MOSCOW, Dec 1 (PRIME) -- Russia’s Sovcombank will hold an initial public offering (IPO) on the Moscow Exchange to raise 10 billion rubles, the bank said in a statement on Friday.
The bank has set the price guidance at 10.5–11.5 rubles per share. The bids will be collected from Friday until December 14.
The offer will consist entirely of the shares of an additional issue.
(88.5819 rubles – U.S. $1)
End
|
|
