Detsky Mir $157 million share offering

Overview:

• Sistema and Russia-China Investment Fund, shareholders of the Russian children's toy retailer Detsky Mir, have sold a portion of their shares in a $157.3 million share offering.
• The transaction included over 117 million existing shares in Detsky Mir, priced at R93 each.
• Credit Suisse Securities, Goldman Sachs, Sberbank CIB and VTB Capital acted as Joint Global Coordinators and Alfa Bank acted as a Joint Bookrunner in the offering.

Natasha Forrest - Researcher