RZHD to place the stake in TransContainer
RZHD is going to place 10-15% in TransContainer in 2007, the company informed.
The placement is assumed to cover three stages. In 2007 they are to be placed through the tender to provide the required basis for further public purchase.
Now the Russian transport assets are of interest for the leading invesment funds which will permit to make the placement profitable.
At the second stage the first public placement in the form of IPO (25-30%) are to be placed on MICEX and RTS.
At the third in 2009 the new issue should be sold on MICEX to drive the stake to 50+1% as of target and raise the funds for TransContainer and invest them in the acquisition of portfolio assets. To optimize the value the stocks can be placed on MICEX and LSE.
The issue was developed in detail with the largest investment banks and companies including UBS, Morgan Stanley, Deutsche UFG, Credit Suisse, Rothschild and IC Troika Dialog.
The placement is assumed to cover three stages. In 2007 they are to be placed through the tender to provide the required basis for further public purchase.
Now the Russian transport assets are of interest for the leading invesment funds which will permit to make the placement profitable.
At the second stage the first public placement in the form of IPO (25-30%) are to be placed on MICEX and RTS.
At the third in 2009 the new issue should be sold on MICEX to drive the stake to 50+1% as of target and raise the funds for TransContainer and invest them in the acquisition of portfolio assets. To optimize the value the stocks can be placed on MICEX and LSE.
The issue was developed in detail with the largest investment banks and companies including UBS, Morgan Stanley, Deutsche UFG, Credit Suisse, Rothschild and IC Troika Dialog.