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: http://www.stock-list.ru

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



TAGS:
St. Petersburg  Mercedes-Benz Fashion Week Russia  Vladimir  Sergey Kovalev  Anna Karenina   Yekaterinburg  Lipetsk   Norilsk Nickel  Russian writers  Fashion  Russian Football Union  Fairs in Moscow  Russian sport  education  Russian Foreign Ministry  Pskov Region  Travel  Elephants  Sibai  Monuments to People  Parks of Russia  Russian business  1812  Superheroes  Theatre Festivals  Moscow  FIFA Russia Cities  Russian regions  Russian economy  Diving  Russian opera singers  Russian Monuments  Russian scientists  Exhibitions in Moscow  Konstantin Ernst  Itunes  Russian Cinema  Karachay-Cherkessia  Altai  Russian tourism  Victor Tsoy  scientific research  accommodation in Russia  Norway  Dvorkovich   Maria Savinova  Freedom Award  Russian science  Elections 2012  Theatre Theatre 


Travel Blogs
Top Traveling Sites