Russian equity issuance comes in from the cold

Putin_Potanin_Russia_PA_230x150
By Aidan Gregory, Sam Kerr
14 Mar 2019

An uptick in Russian equity capital markets (ECM) activity this week buoyed bankers and investors, who are hoping a freeze caused by US sanctions is thawing, write Sam Kerr and Aidan Gregory.

Two Russian accelerated bookbuild transactions, where established stocks were sold to investors in overnight block trades, priced this week to receptive investors, becoming the first big Russian ECM deals since April 2018.

A trade in Norilsk Nickel led by Credit SuisseCiti and VTB Capital re-opened the Russian ECM market on ...

Please take a trial or subscribe to access this content.

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

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

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.