IPO of "Russian Sea" in Late March

Russia's largest producer of seafood, the company "Russian Sea" is about to launch its IPO in late March, hoping to attract on Russian exchanges about $ 200 million.

In the structure of the deal there will be a primary component and a secondary one. Placement of shares will be in the RTS and in the MICEX.

Funds attracted from the IPO will be used for business development.

"Russian Sea" is now exploring various options for raising financing, including the placement of shares.

Nat Lawyer
Unel Legal Consulting