UKRAINE'S SCM TO INVEST 6.2 dollars BLN, PREPARE FOR IPO

摘要

KYIV. (Interfax) - Rinat Akhmetov's System Capital Management (SCM), Ukraine's biggest holding with assets in the metals, machine building, power, coal, telecommunications, banking, insurance, media and other sectors, plans to invest more than 6.2 billion dollars in its businesses in the next five years, Roman Vodolazsky, the company's CFO, told the Ukrainian Delo newspa per, published on July 11. Yodolazsky said SCM would be looking to borrow on the debt markets to finance the investments, and in tended during 2008 to prepare its core enterprises for initial public offerings (IPO). Yodolazsky said in March 2007 that SCM planned to invest up to 5 billion dollars of its own and borrowed money in its businesses in the next five years.