Support The Moscow Times!

MD Order Books Covered

Order books are covered in the $300 million London listing of MD Medical Group, according to three sources close to the deal.

The offering consists of $150 million of global depositary receipts to raise money to fund the expansion of the company's clinic and hospital network plus existing shares being sold by MD Medical Holding.

There is also a 15 percent overallotment option, which could take the total deal size to $343 million, valuing the company at as much as $995 million.


Related articles:

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.