Rosdorbank launched factoring for medium-sized businesses in the road sector. In July, the bank held an additional share issue, during which it raised over ₽300 million to finance a factoring project.

Rosdorbank placed 2.42 million shares of the additional issue at the lower end of the price range of ₽165 per share. About 50% of the shares were purchased by existing shareholders under the pre-emptive right. For them, the price per share amounted to ₽160. Among the objectives of the offering: increasing free-float, financing road factoring, and scaling up...

Rosdorbank has set the FPO price range at ₽165-175. Bank intends to place 2.42 mln shares of the additional issue for a total amount of ₽300 mln. According to preliminary estimates, about 50% of the placement volume will be bought by existing shareholders under the pre-emptive right. Collection of applications for participation in the FPO will last until Jul...

Rosdorbank plans to conduct FPO in the nearest future, said Eduard Khristianov, the first deputy chairman of the bank's board. Bank intends to place about 2.42 mln shares of additional issue, which will allow increasing free-float from 3% to 6-7%. However, the main goal of FPO: financing of a new industry product - factoring for road builders.