Station naming deals announced
Runaway Rail Car Kicked Loose by Teen Hits New York Station
Škoda unveils its second tram for the Chinese market
Wabtec to buy Faiveley Transport for US$1·8bn
Constantine tram extension contract
Channel Tunnel: '2,000 migrants' tried to enter
Ottawa urban rail gets federal funding
UK and Italian operators order Vossloh locomotives
First Great Western and Eversholt sign Hitachi AT300 train contract
Tanzania, Rwanda and Burundi invite interest in DIKKM railway
United Wagon Co has announced plans for a secondary public offering of ordinary shares on the Moscow stock exchange.
UWC intends to place up to 2·5 million additional shares from the end of April. The exact dates are to be confirmed, and the price would be determined by the board based on the market value. Renaissance Capital, BCS, IC ITinvest and Aton are joint bookrunners.
‘We are happy to announce another step forward’, said CEO Roman Savushkin on April 18. ‘The shares will be offered to a wide range of investors including institutional and retail ones. The SPO will raise extra capital to implement our strategic projects and optimise the debt load. Achieving these goals will contribute to further growth of UWC’s financial indicators and its market value.’
This article first appeared on www.railwaygazette.com
About this website
Railpage version 3.10.0.0037
All logos and trademarks in this site are property of their respective owner. The comments are property of their posters, all the rest is © 2003-2017 Interactive Omnimedia Pty Ltd.
You can syndicate our news using one of the RSS feeds.