"Vedomosti" talked about the IPO holding Deripaska

The Holding EN+ Oleg Deripaska plans to place 20% of the shares on the exchange and get about $ 2 billion. The holders and investors of the holding agreed on this at the meeting, Vedomosti writes with reference to four people, familiar with negotiation participants.

According to the newspaper, an IPO can take place in May in the case of a “favorable conditions”. The holding plans to place papers on the London Exchange, but listing in Moscow is also not excluded.

Representatives of EN+ and the organizers of the upcoming transaction - VTB Capital and Sberbank refused to comment.

According to the interlocutors of the publication, the holding of the money will spend the holding of the holding part of the debt of $ 5.5 billion, and the total debt EN+ is approximately $ 13.9 billion (including the debt of Rusala).

Holding EN+ is the control shareholder of Rusal, it owns approximately 48% of the shares.