Nomos Bank is planning to raise about $640 million through a London-Moscow listing, Financial Times reports. The Russian private bank will sell ordinary shares at a price of $32-37 in Moscow, while global depository receipts will be offered at $16-$18.50 in London.
Roman Korbacka, who owns 19% of Nomos, is selling the bulk of the existing shares contained in the offer. Credit Suisse, Deutsche Bank and VTB Capital are acting as the joint global co-ordinators of the share sale.
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