Rusal keeps IPO market rolling with high-risk new listing
Rusal, the debt-laden aluminium group, began courting investors on Monday with a $2.6bn IPO that will provide an early test of appetite for high-risk, emerging market equities at the start of 2010.
United Company Rusal released its prospectus and set a price range last Thursday ahead of the New Years Day holiday, and began investor education on Monday for the deal. Pricing is set for January 22 and the shares will begin trading on January 27.
The formal launch ends
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