Credit Bank of Moscow closes books on share sale
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.
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 ...
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