Moscow Exchange’s initial public offering will value Russia’s main equity and fixed income bourse at $4 billion to $4.6 billion, according to two exchange shareholders.
The exchange set the IPO price range at between 55 and 63 rubles a share, according to two people, who asked not to be identified as the information hasn’t been made public. Bourse executives will meet investors for one day only on Feb. 4 at the exchange’s Moscow office, and follow with meetings in Europe and the U.S., Roman Filatov, a portfolio manager in Moscow at Sberbank Asset Management, who received an invitation, said by phone.
