Koza Altin ends Turkey’s IPO drought with $500m listing
Turkish miner Koza Gold priced a TL754.2m ($500m) IPO at the bottom of the price range this week in a deal that may signal heightened activity in Turkey’s equity market this year.
Koza on Monday ended a two year dearth of equity issuance in the country, where no large equity offer had been completed since the $1.9bn privatisation IPO of Turk Telekom in May 2008.
"Turkey is an emerging market, so it is a lot more attractive than western Europe,"
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