22
Tue, Oct
64 New Articles

Liniya Prava Supports Obuv Rossii on IPO

Liniya Prava Supports Obuv Rossii on IPO

Russia
Typography

Liniya Prava has supported Obuv Rossii PJSC in its September 2017 RUB 6 billion IPO on the Moscow Exchange. 

The IPO of Obuv Rossii — Russia's second largest footwear retailer — is only the second on the Moscow market this year, following Detsky Mir's in February (as reported by CEE Legal Matters on February 20, 2018).

According to Liniya Prava, "bookbuilding was closed on October 19, at 19:00. On October 20, securities were admitted to trading. The total offering amounts to approximately RUB 6.2 billion in case of full exercise of the over-allotment option or approximately RUB 5.9 billion without such option. As of November 22, 2017, the market capitalization of Obuv Rossii amounted to approximately RUB 15.24 billion." 

Liniya Prava advised Obuv Rossii on Russian law matters. The firm's team was led by Partner Oleg Bychkov and Associate Irina Laier.

Liniya Prava did not reply to an inquiry on the matter.

Editor's Note: After this article was published Liniya Prava informed CEE Legal Matters that the VIC Global Markets, Citigroup, Renaissance Capital, and Sberbank CIB were the global coordinators and joint book-runners, and that White & Case and Latham & Watkins were involved as well. White & Case did not reply to an inquiry on the matter. 

Russian Knowledge Partner

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus.

We advise its clients in many areas of law, including: dispute resolution in Russia and abroad, corporate law, M&A, antitrust issues, project finance and PPP, restructurings and insolvencies, energy and natural resources, property management and privatization, environment, technical regulation and industrial safety, banking and finance, intellectual property, criminal law, real estate and construction, taxation, family and labour disputes, marine and transport law, and international trade and customs.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys that enables thus providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru

 

Our Latest Issue