Russian airline Aeroflot's SPO book covered -two sources

Russian airline Aeroflot's SPO book covered -two sources
Representative image Image Credit: Flickr
  • Country:
  • Russian Federation

The book for the secondary public offering (SPO) of Russia's biggest airline Aeroflot's is covered, two sources with knowledge of the matter told Reuters on Friday.

The airline plans to raise at least 80 billion roubles ($1.02 billion) in a SPO in Moscow, with institutional investors expected to buy Aeroflot's new shares for up to 39 billion roubles. ($1 = 78.4133 roubles)

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.