Aeroflot lands equity raise with strong government support

Sam Kerr

October 27, 2020 12:30 pm

Putin_aeroflot_CEO_PA_575x375_Oct27 — MOSCOW, RUSSIA - JULY 6, 2020: Russia's President Vladimir Putin (L) meets with Aeroflot CEO Vitaly Savelyev at the Moscow Kremlin. Alexei Nikolsky/Russian Presidential Press and Information Office/TASS | Alexei Nikolsky/Tass/PA Images

Russian airline Aeroflot completed its Rb80bn ($1.05bn) capital raise on Monday, aimed at repairing its balance sheet by repaying debt, with the Russian state increasing its stake in the carrier.

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Topics

Central and Eastern Europe (CEE)Equity ABBs-Block Trades Europe Follow-ons and Rights issues Emerging Markets CEE Equity EMEA CEE Russia

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Sam Kerr