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| 4/4/2008 |
| Renaissance Capital named Best IPO Organizer of 2007 |
4 April 2008. Moscow - Renaissance Capital was today named "Best IPO Organizer of 2007" by the Moscow-based Securities and Investment Institute (IFRU). The prize was awarded at the 4th Annual Russian IPO Congress.
Renaissance Capital participated in 12 of the 22 Russian IPOs that took place last year, including the $8 billion IPO of VTB, the $1.07 billion IPO of Uralkali and the $1.12 billion IPO of Magnitogorsk Iron and Steel Works.
The Best IPO Organizer award represents not only Renaissance Capital's deal volume, but also the financial success of the IPOs and the high standards of performance Renaissance Capital delivered to its clients.
Anton Cherny, Managing Director, Head of Equity Capital Markets, Renaissance Capital, commented when receiving the award: "Russia's importance in the international capital market is now widely recognised. We take pride in the fact that it is a Russian investment bank that has been recognized as the Best IPO Organiser".
The competition's jury included a long list of leading figures on the Russian financial markets, including Chairman of the Board of the RTS Roman Goryunov, Deputy Chairman of the Federation Council's Financial Markets and Currency Committee Vadim Artyukhov and director of the legal department of the Russian Ministry of Finance Nadezhda Zakharova.
About Renaissance Capital (www.rencap.com)
Renaissance Capital is a leading investment banking firm in the CIS, Central Asia and Sub-Saharan Africa. Renaissance Capital has market-leading positions in each of its core businesses - M&A, equity and debt capital markets, securities sales and trading, research, and derivatives.
Renaissance Capital is part of the Renaissance Group. |
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