Mechel Steel Group becomes first Russian metals firm to list on NYSE
Oct 29, 2004 | 12:16 PM
|
Mechel Steel Group OAO became Russia's first metals company to list on the New York Stock Exchange Friday.
The placement raised $291 million for the Moscow-based company.
Mechel said it placed approximately 13.9 million shares, or roughly 10 percent of its stock, in American Depositary Shares (ADS) at $21 each.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here