OREANDA-NEWS. On November 12, 2007 URALSIB Financial Corporation acted as a co-lead manager for Russian construction film LSR Group's IPO on the London Stock Exchange. Credit Suisse and Deutsche Bank are the global coordinators. ABN Amro Rothschild, Credit Suisse and Deutsche Bank are the joint bookrunners, reported the press-centre of URALSIB.

LSR Group and its shareholders raised approximately $772 million in the offer. As a result, the company will receive about $558 million.

According to Oleg Loukhton, Executive Director, URALSIB Financial Corporation, URALSIB was a key player in the marketing stage of the deal, attracting a number of institutional clients, both local and international.