Kazatomprom opens for 'anyone who wants exposure to uranium'

By Sam Kerr
31 Oct 2018

The privatisation of Kazatomprom, the Kazakh producer of natural uranium, moved ahead on Wednesday after bookrunners kicked off a marketing roadshow and set a price range for the listing.

Credit Suisse and JP Morgan are global co-ordinators on the IPO. China International Capital Corp, Halyk Finance and Mizuho are bookrunners.

The Kazakh sovereign wealth fund, Samruk Kazyna, the sole shareholder in Kazatomprom is selling up to 38.9m shares, 15% of the company, at between $11.6-$15.4 a share.

The IPO ...

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