MTS Bank will hold an initial public offering on the Moscow Stock Exchange in spring 2024, Reuters has learned. The bank hopes to raise up to 15 billion rubles. The organization will not sell its shares, only new securities will participate in the transaction, the source of the publication indicated.
MTS Bank is preparing for an initial public offering on the Moscow Stock Exchange in spring 2024. This was reported by Reuters, citing sources.
As part of the IPO, MTS Bank will not sell its shares, only new securities will participate in the transaction. Based on the results of the public offer, the organization hopes to raise up to 15 billion rubles.
MTS Bank clarified that they do not rule out different scenarios for business development.
It was previously reported that an extraordinary meeting of shareholders of the organization will be convened on March 7, at which the issue of increasing the authorized capital of the company through an additional issue will be considered.
Author:
Kirill Bilyk
Source: RB
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