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Russische IPO NY

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  • Russische IPO NY

    Goldman Sachs-backed Russian firm makes a hit IPO in New York

    Real estate database Cian raised over $290 million in an initial public offering this week, paving the way for several other intriguing Russian listings.
    Cian CEO Maxim Melnikov said, as cited by Reuters. According to him, some of the funds would also be used to repay the firm’s outstanding loans under a credit facility agreement with Raiffeisen Bank and Rosbank.
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