Equity Capital Markets

Tinkoff closes landmark IPO

Tinkoff closes landmark IPO

  • Offering raises US$1.087bn, well above target of US$870mn
     
  • Comprises 62mn+ global depository receipts priced at US$17.50 each, equivalent to 34.3% of company's share capital

  • IPO is the largest by a Russian company since MegaFon’s US$1.8bn listing in November 2012, and largest listing in London this year after Royal Mail and Riverstone Energy