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Books for Russia's En+ IPO are fully covered - sources
November 1, 2017 / 2:12 PM / 20 days ago

Books for Russia's En+ IPO are fully covered - sources

MOSCOW, Nov 1 (Reuters) - Order books for an initial public offering by En+, which manages tycoon Oleg Deripaska’s aluminium and hydropower businesses, are fully covered, three financial market sources told Reuters on Wednesday.

Two of the sources said the books were covered on a base deal size which does not include a green-shoe option. (Reporting by Olga Popova and Anastasia Lyrchikova; writing by Katya Golubkova; editing by Jack Stubbs)

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