Moscow Exchange Announces IPO
The total market capitalization of Moscow Exchange at IPO stands at approximately RUB 126.9 billion ($4.2bn).
Credit Suisse, J.P. Morgan, Sberbank CIB and VTB Capital are the joint global coordinators and bookrunners of the IPO, while Deutsche Bank, Goldman Sachs International, Morgan Stanley, Renaissance Capital and UBS Investment Bank are joint bookrunners.
"Having successfully placed RUB 15 billion, Moscow Exchange is strongly positioned to develop as a major global trading venue across multiple asset classes," says Sergei Shvetsov, chairman of the Moscow Exchange supervisory board and deputy chairman of the Central Bank of Russia. "We believe that the Russian economy will continue to be one of the fastest growing major global economies and the exchange will play a critical part in this growth."
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