Credit Bank of Moscow has finished a Rb14.7bn ($231m) primary share sale which will allow it to buy back debt to improve the composition of its regulatory capital.
Citi, Société Générale and Sova Capital are global co-ordinators for the deal which was launched on October 29.
The shares were priced at Rb5.35 on Wednesday, just below the top of revised price guidance of Rb5.22-Rb5.40 a share. It issued 2.75bn new shares.
Although the equity offering was on