Stadler Rail covers Sfr1.4bn IPO on day one
![Stadler_Rail_factory_alamy_230X150](https://assets.euromoneydigital.com/dims4/default/82fdd95/2147483647/strip/true/crop/230x150+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fac%2Fb5%2Fc7f419a80d351460829a6c6dd400%2Fstadler-rail-factory-alamy-230x150.jpg)
The IPO of Stadler Rail, the Swiss train manufacturer, is already covered after opening the books on its Sfr1.4bn IPO on the SIX Swiss Exchange on Monday morning, according to a banker involved in the deal.
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