The privatization placement of bank DOM.RF raised more than 25 billion rubles.

      The offering of this bank’s shares became the first privatization placement in Russia since 2020. Market participants believe that the completion of this deal may set a precedent for other issuers under the privatization program.

      It was noted that the placement was carried out in accordance with market standards, aided by the credit institution’s managerial and corporate practices. The offering demonstrated significant investor demand: the total amount raised exceeded 25 billion rubles.

      Also, according to volga.news, retail investor activity was recorded — approximately 18 billion rubles worth of orders were submitted through one of the investment platforms. As part of this deal, the domestic market saw, for the first time, the practice of publicly disclosing anchor investors, which had previously been used only in international offerings. At the time of the transaction, this placement was the largest IPO of a Russian company since 2021, the largest banking IPO in Russia in the past 12 years, and one of the largest bank placements in Europe this year.