Russian Helicopters: Attractive Investment In Russian Defense

Russian Helicopters is to raise up to $500 million via an IPO of 30% of its shares, $250 million of which will be newly issued shares and the other $250 million would be raised through the sale of some existing shares currently owned by Oboronprom. 

The cash raised by the IPO process will be distributed the following way. $250 million of the cash is to be spent on debt refinancing and buying out minorities of subsidiaries under the obligatory buyout offer. 

(0 COMMENTS) | SEE MORE »
Share |
DJIA® 12 811.32 +0.00 (0.00%)
Nasdaq 2 895.59 +0.00 (0.00%)
S&P 500 1 377.51 +0.00 (0.00%)
Shanghai 2 068.25 -3.26 (0.16%)
Nikkei 225 8 757.60 -79.55 (0.90%)
Hang Seng 21 430.34 -136.57 (0.63%)
FTSE 100 5 776.05 +0.00 (0.00%)
CAC 40 3 407.68 +0.00 (0.00%)
RTSI 1 409.67 -0.60 (0.04%)
MICEX 1 408.02 +0.23 (0.02%)
USD/RUB 31.51 +0.21 (0.68%)
EUR/RUB 40.22 -0.06 (0.14%)
EUR/USD 1.28 -0.01 (0.81%)
GBP/USD 1.60 -0.00 (0.27%)
OUR CLIENTS
200 OK

OK

The server encountered an internal error or misconfiguration and was unable to complete your request.

Please contact the server administrator, [no address given] and inform them of the time the error occurred, and anything you might have done that may have caused the error.

More information about this error may be available in the server error log.