Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Real Estate Major PIK Group Launches SPO
8.06.2013 17:21
Real Estate Major PIK Group Launches SPO
Photo Credit:

PIK Group, one of Russia’s leading residential real estate developers has announced the launch of an SPO on MICEX, coordinated by Sberbank CIB and VTB Capital who are also the bookrunners of the offering.

      The company is expecting to raise $150 million, which will be mainly used for deleveraging, with the placement price of RUR62.5 per share.

      PIK's majority shareholder Nafta Moskva, owned by billionaire Suleiman Kerimov, said it would definitely take part in the SPO.

      Nafta Moskva owns a 38.3 percent stake in PIK Group.


Author: Mikhail Vesely

Tags: PIK Group Sberbank CIB VTB Capital Nafta Moskva Russian billionaires 

Next Previous

You might also find interesting:

Comment on our site

RSS   twitter      submit

Russian Railways  Alexey Navalny  Ice Sculptures  Russian Cinema  South Korea  Irkutsk Region  Mercedes-Benz Fashion Week Russia  Reindeer  Artillery  Sevastopol  Exhibitions in Moscow  Russian media  Russian universities  Football  Moscow  Fabio Capello  Russian business  Russian science  environment  Contemporary Museum of Calligraphy  Kurilsky State Reserve  Russian Actresses  Dolls  Syria  Russian tourism  Cyprus  Seliger  Russian economy  Kirov  Karelia   Bell Ringins  Treasures  Chelyabinsk Region  Caricature  book hotels in Russia  activity holidays  Nikolay Nekrasov  cheese tour  Rock Music  VTB  St. Petersburg  Russian scientists  Transport Tickets  3D Printing  Kalashnikov machine gun  Ryazan Region  Moscow-river  Christmas  Chiharu Shiota  Pipe Metallurgical Co 

Travel Blogs
Top Traveling Sites