Samolet prices first stage of Moscow listing

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By Sam Kerr
29 Oct 2020

Samolet, the Russian real estate company, completed a Rb2.9bn ($36.6m) IPO in Moscow on Thursday, the first part of a two-stage process which the company hopes will culminate in a larger listing next year.

VTB Capital was sole global coordinator and bookrunner on the deal. BCS Markets was a joint bookrunner.

The shares were sold at Rb950 a share to mainly Russian investors, most of which were retail buyers. The small size of the initial deal allowed the banks to sell the ...

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