Support The Moscow Times!

En+ Eyes Hong Kong IPO

HONG KONG — En+ Group, parent of RusAl, may seek a listing in Hong Kong in the second half of 2012, Ming Pao Daily News reported Monday, citing a senior company official.

En+ Group, controlled by Oleg Deripaska, may issue convertible bonds in the next six to nine months in a bid to secure investment from six to eight sovereign funds and institutional investors, Ming Pao cited En+ Group chief executive Artyom Volynets as saying.

En+ Group may then kick off its initial public offering in the second half of next year, Volynets said.

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.