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Russian Helicopters sells shares to raise $ 500 million
Moscow, Russia - The proceeds from the offering will be used to pay debts of the company
Russian Helicopters company, which designs and manufactures civil and military helicopters, plans to raise $ 500 million in Russia and in London through an initial public offering. This transaction involves the sale of shares of Oboronprom the largest shareholder. As reported by a spokesman for the Russian Helicopters "The company plans to use the net proceeds of the offer to pay existing debt and...
AVIONEWS - World Aeronautical Press Agency - 1128180
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency