IPOs are scarce enough as it is in this gruesome global market. But the largest ever IPO from one of the world’s poorest countries, whose previous record deal was in 1994? That’s rarer still.
When Grameenphone lists in Bangladesh later this year, it will be a landmark. According to a statement released after its July 21 board meeting, the telco will raise $300 million, half of it in a pre-public offer private placement, and half in the flotation itself, on the Dhaka and Chittagong Stock Exchanges.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
