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Organisers of Nordgold IPO see its value at $5.1bn to $6.6bn - sources

10th June 2021

By: Reuters

  

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MOSCOW - Two organisers of an initial public offering (IPO) for Russia-focused gold producer Nordgold see its equity value at $5.1-billion to $6.6-billion, three financial market sources told Reuters on Thursday.

Gazprombank put it at $5.1-billion to $6.6-billion, while Renaissance sees it at $5.4-billion to $6.3-billion, the sources said, adding books were expected to open on June 21 and close on June 29.

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Edited by Reuters

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