RussNeft shares start trading on Moscow Exchange

At 16:00 on 25 November 2016, Moscow Exchange (MOEX) has launched trading in RussNeft ordinary shares (ticker RNFT).

At its IPO held on the Exchange, the company offered RUB 32.4 billion worth of shares at RUB 550 each, with the market cap totalling RUB 161.8 billion.

VTB Capital and Sberbank CIB acted as joint global coordinators and joint bookrunners for the offering. Aton and BCS acted as joint bookrunners. EFG Asset Management and IT Invest acted as co-lead managers. BINBANK (MDM Bank) was a broker.

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