Norilsk Nickel trades up after popular block trade

Investors were so enthused by an offering in Norilsk Nickel, the Russian nickel and palladium mining and smelting company, on Tuesday night that bookrunners increased the sale to $550m, and the stock has continued to perform well in trading.

  • By Sam Kerr
  • 12 Mar 2019

Credit Suisse, Citi and VTB Capital were bookrunners on the deal.

Crispian Investments a company jointly owned by Russian oligarchs Roman Abramovich and Alexander Abramov, set out to sell sell around 2m shares in Norilsk, about a 1.25% stake, worth roughly R28.9bn ($440m).

But ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 260,264.52 1167 8.49%
2 Citi 237,013.77 993 7.73%
3 Bank of America Merrill Lynch 202,540.22 831 6.61%
4 Barclays 188,016.56 770 6.13%
5 Goldman Sachs 147,310.58 610 4.81%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 31,706.24 135 7.74%
2 Credit Agricole CIB 27,567.28 117 6.73%
3 JPMorgan 23,570.89 63 5.75%
4 Bank of America Merrill Lynch 23,072.58 63 5.63%
5 UniCredit 20,250.58 112 4.94%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 8,160.55 49 10.08%
2 Morgan Stanley 7,744.92 38 9.56%
3 Goldman Sachs 6,966.15 37 8.60%
4 Citi 5,856.44 44 7.23%
5 UBS 4,823.67 25 5.96%