NLB IPO prices at bottom of the range

The Republic of Slovenia has priced the flotation of Nova Ljubljanska Banka at a final offer price which values the bank at €1bn, fulfilling a commitment to privatise the bank before the end of the year.

  • By Aidan Gregory, Sam Kerr
  • 09 Nov 2018

Deutsche Bank and JP Morgan were global coordinators, Citi and Wood & Co were bookrunners.

An EM portfolio specialist said during marketing that they were interested in the bank and knew the asset well because it has been in the IPO pipeline.

The ...

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