Thursday, 22 May 2008

Russian Railways IPO

Another IPO is set to hit the Russian markets. The state owned Russian Railways is planning to come out with an IPO or Initial Public Offering.
Russian Railways IPO

What is the size of the Russian Railways IPO?
State Rail monopoly Russian Railways could hold an initial public offering to raise around USD 25 billion for 25% of its stock.
When will the Russian Railways IPO open for subscription?
No dates have been finalized about the Russian Railways IPO.

What are the other developments of Russian Railways IPO & the company?
In addition to the IPO, the company plans to issue Eurobonds totaling USD 3 billion to USD 4 billion in October to November 2008. RZD will also float ruble denominated bonds worth RUB 20 billion in July.

What are the business valuations and markets standings of the RZD Russian Railways ?
RZD handles about 83% of all freight in Russia and carries 1.3 billion passengers and 1.3 billion tonnes of cargo annually.

The company has charter capital of RUB1,535 billion.
Let’s see how this IPO from Russian Railways performs in the market once it opens up for subscription. Table of Contents

No comments:


Copyright Information:
© http://invest-n-trade.blogspot.com
Please see Our Copy Right Policy. All the articles, posts and other materials on this website/blog are copyrighted to the owners of this portal. The content should NOT to be reproduced on any other website or through other medium, without the author's AND owners' permission.

DISCLAIMER: Before using this site, you agree to the Disclaimer.

About UsAdvertise with UsCopyRight Policy & Fair Use GuidePrivacy PolicyDisclaimer