Air Astana (KC, Astana Nursultan Nazarbayev) has revealed the price range for the dual listings on the London and Kazakhstan stock exchanges that it announced in mid-January. It is aiming for gross proceeds of about USD300 million, of which around USD120 million will be raised by the company itself.

This would result in an expected market capitalisation for Air Astana Joint Stock Company of between USD770 million and USD962 million, it outlined in a filing to the bourses on January 29.

In the…

Source: ch aviation
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