TMKТs IPSCO Tubulars to offer 23 mln shares at $20Ц23/share - Metals & Mining - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

TMKТs IPSCO Tubulars to offer 23 mln shares at $20Ц23/share

MOSCOW, Jan 29 (PRIME) -- IPSCO Tubulars, a subsidiary of Russian oil and gas pipe maker TMK, plans to offer about 23.3 million shares at U.S. $20Ц23 per paper during an initial public offering (IPO), the company said in a statement on Monday.

IPSCO Tubulars will sell 7.4 million shares, and TMK will sell 15.8 million shares it owns in the affiliate, the company said.

BofA Merrill Lynch and Morgan Stanley will act as joint book-running managers of the deal, while J.P. Morgan, UBS Investment Bank, Citigroup, Credit Suisse, Barclays, and Evercore ISI will act as joint book-runners of the offering, TMK said.

End

29.01.2018 17:06
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 74.9022 -0.6336 17 nov
USD 65.9931 -0.6228 17 nov
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1134.93 +0.34 18:50 16 nov
micex 2372.67 -0.37 18:50 16 nov
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 153.16 -0.64 18:49 16 nov
lkoh 4824.00 -0.62 18:49 16 nov
rosn 420.85 -0.80 18:49 16 nov
sber 199.26 -0.44 18:49 16 nov
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 74.9025 -0.2975 14:59 16 nov
USDTD 65.7225 -0.8775 17:44 16 nov