Tuesday, February 13, 2007
Need light?
There will be a major IPO event in Energy Sector this year. 15 biggest electric-generating companies would offer IPOs in a total amount more than $15 bln. Traditionally, IPO stock price is higher and reduces within few month after an introduction but, in this case, I doubt there will be any price decline any time soon. Russia’s fast economical development created shortage of electricity and huge demand would push prices up again. Bond IPOs will follow.
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4 comments:
are the yields going to be pretty close to regional munipal bonds? what are the top regions to look out for or is it too early to tell?
the bond ipo-s would be a little higher yielded than munis due to taxes and lower ratings at the beginning..
What are the Russian industrial companies that are likely to benefit from this prospective construction binge?
many industries would benefit from it: metal, construction, engineering, IT etc
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