Borza: Hidroelectrica Will Raise EUR500M From IPO In 2015

03.27.2014 By Cătălina Butan

Hidroelectrica’s court appointed trustee, Remus Borza, believes the electricity producer will exit insolvency in seven to twelve months and expects the initial public offering of 15% to happen in mid 2015, raising at least EUR200 million more cash than if the company had gone ahead with the listing this year.

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