Domestic demand drives NLMK block

By Sam Kerr
01 Jul 2019

Interest from Russian accounts drove a $400m sale in steel company NLMK Group last week, with local demand remaining strong in the country for the right sectors and stocks.

Goldman Sachs was the sole bookrunner on the London deal, which was on risk and not wall crossed.

On the evening of June 27, Goldman Sachs announced that it would offer 158m shares in NLMK Group to investors, a 2.6% stake, in the form of ordinary shares ...

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