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9-Jul-2013 7:11 AM

Avia AM Leasing considers IPO and listing on the Warsaw Stock Exchange

AviaAM Leasing stated (08-Jul-2013) it is considering an IPO and debut on the Warsaw Stock Exchange. AviaAM Leasing board chairman Gediminas Ziemelis commented: "We have developed a company that owns a 20-aircraft-strong fleet and has gained a position of aviation expert in the region of CIS. Keeping in mind good perspectives of aviation leasing sector, especially in the CIS region, we are analysing different sources of attracting additional capital to ensure the successful implementation of our strategy. Warsaw, as a regional financial centre, is the right place to conduct potential public offering. This is confirmed by several Lithuanian companies which are already successfully listed on the WSE". The prospectus have been submitted to the Central Bank of the Republic of Lithuania on 10-May-2013. Decisions on the offering and listing on the Warsaw Stock Exchange are subject to market conditions and receipt of all necessary regulatory approvals, including the relevant approval of the prospectus by the Lithuanian capital markets authority and notification of the approval to the Polish Financial Supervision Authority. Rubicon Partners is the financial advisor whereas ING Securities is the lead manager and offering agent. [more - original PR]

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