Published:
En+ Group mulls Hong Kong listing
This is to support its hydropower and production facilities expansion in Russia.
A Reuters report said, “En+ Group, parent of the world's top aluminium producer UC RUSAL , may seek a listing in Hong Kong in the second half of 2012, Ming Pao Daily News reported on Monday, citing a senior company official.”
The energy group may issue convertible bonds in the next six to nine months to secure investment from about seven sovereign funds and institutional investors, according to En+ Group CEO Artem Volynets.
View the report here.
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