Bashneft Eyes $2 Billion London Listing

摘要

Russia’s Bashneft could raise up to $2 billion if a decision is finally taken on a secondary public offering (SPO) in London or Moscow by the end of the year. Bashneft head Alexander Korsik told investors at the company’s investor day in London last week that the SPO option is on the agenda and that the company is preparing for it. He said there is no clear timeline for the SPO, which will depend on market conditions.