Polyus’ equity deal also shows return of international banks competing for Russian transactions

Former Investment Banking Editor

An $879m equity offering from a gold producer is the latest signal of a recovery in capital-markets dealmaking from Russian companies.

Polyus, which says it is the eighth largest gold producer globally, priced an equity raising on the London and Moscow stock exchanges today, raising $879m including an over-allotment option.

Gold group’s $879m offering adds shine to Russian renaissance

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