UniWagon to hold secondary public offering

UniWagon-to-receive-state-fundingRussian freight car manufacturer United Wagon Company (UniWagon) might go for a secondary public offering, according to TASS. The decision was taken by the company’s Board of Directors.
The company is to increase its joint stock capital by 8.5 million shares at 1 RUB each (totaling USD 125,700).
UniWagon’s IPO was held in April 2015; the company sold 12.22% of its shares at 9.028 billion RUB (USD 133.5 million ).


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