JSW set to price at Zl136

27 Jun 2011

Polish coal miner JSW will price a $2bn IPO at Zl136 a share later this evening.

On Monday the bookrunners had said the deal was comfortably covered at Zl135 a share and then on Tuesday moved investors up, first putting out a message that the deal would be priced at Zl135-Zl136 a share and later confirming expectations of a Zl136 price.

Allocations are due ...

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