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Electrica’s IPO is a success within the competitive frame of the European IPO market with 22 ongoing listings, among which some have failed, as well as within the context of the geopolitical tensions in the area.
Electrica, the leading electric power distributor and supplier on the Romanian market, raised around RON 1.95bn in the initial public offer (‘IPO’), consisting in an offer of stocks and global depositary receipts (GDR) and the admission to list stocks on the Bucharest Stock Exchange and GDRs on the London Stock Exchange.
For more information, please see the Romanian version of the article, here.
