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BRIEF-AS Citadele Banka looks to raise 115 mln euro via IPO
October 15, 2015 / 6:18 AM / 2 years ago

BRIEF-AS Citadele Banka looks to raise 115 mln euro via IPO

Oct 15 (Reuters) - AS Citadele Banka:

* Intention to float announcement

* Intention to raise capital by launching an initial public offering of new ordinary b shares to be listed on NASDAQ OMX Riga

* Global depositary receipts representing such shares to be listed on standard segment of London Stock Exchange

* Offer intended to raise capital to help pursue future growth in Latvia and Baltics

* Offer will comprise an issuance of new shares by company to raise gross proceeds of up to 115 mln euro

* Citigroup is acting as sole global co-ordinator

* Citigroup and EFG Hermes are acting as joint bookrunners Source text for Eikon: (Bengaluru Newsroom: +91 806 749 1136)

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