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EXCLUSIVE-Montenegro counts on EU aid, asset sales to ease burden of China debt -officials

MONTENEGRO-CHINA/ (EXCLUSIVE, PIX):EXCLUSIVE-Montenegro counts on EU aid, asset sales to ease burden of China debt -officials

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EU's drug regulator backs AstraZeneca vaccine after safety investigation

EU's drug regulator backs AstraZeneca vaccine after safety investigation
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UPDATE 1-Russia's Segezha targets $400-500 mln in Moscow IPO -sources

(Adds details, background) MOSCOW, Feb 1 (Reuters) - Russian forestry group Segezha is preparing for a spring initial public offering in Moscow, people close to the matter said, joining other Russian names queuing up to raise funds in strongly-performing equity markets. Segezha, owned by Russian conglomerate Sistema, aims to raise $400-500 million with the flotation, which would value the company at well above $1 billion the people said. UBS and JP Morgan are acting as global coordinators and organising the deal, while other banks are currently being drafted in to help with the listing, they added. JP Morgan and UBS declined to comment.

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Russia's Segezha targets $400-500 mln in Moscow IPO -sources

Article content MOSCOW Russian forestry group Segezha has chosen JP Morgan and UBS to arrange its initial public offering in Moscow, people close to the matter told Reuters, joining other Russian names queuing up for equity raisings this year. Segezha, owned by Russian conglomerate Sistema, aims to raise between $400 million to $500 million in Moscow this spring, depending on market conditions, the sources said, and the number of banks-arrangers could be widened. We apologize, but this video has failed to load. Try refreshing your browser, or Russia s Segezha targets $400-500 mln in Moscow IPO -sources Back to video JP Morgan and UBS declined to comment. Serezha is ‘constantly’ evaluating different options to finance its further development, including on the equity markets, the company told Reuters in a statement, adding that a final decision is yet to be taken.

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Sistema PublicFinancial : Russia's Segezha targets $400-500 mln in Moscow IPO -sources

Sistema PublicFinancial : Russia's Segezha targets $400-500 mln in Moscow IPO -sources
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