Cbonds Group, one of Russia’s most well-known DCM research companies, is expanding its coverage to the stock market. The website now features new sections (https://cbonds.ru/stocks/), and Cbonds-hosted conferences will spotlight these topics on their agenda. In particular, Russia’s keynote DCM event, Russian Bond Congress, has premiered the Best IPO of the Year category at its 18th edition.
Samolet, a customer of BCS Global Markets, grabbed the first award in late 2020 after holding its IPO with BCS GM acting as the bookrunner.
It marks an upgrade of the BCS GM’s tally at the Cbonds Awards, adding the Best IPO of the Year to the nine prizes it scooped earlier. Part of the credit goes to our partners, Samolet Group and VTB Capital.
“Late 2020 saw several IPOs by Russian issuers (Sovkomflot, Samolet), this is why we thought it was important to cover this segment of the market. Previously, Cbonds Awards celebrated initial bond placements, and we realized we could look at initial offers of securities in general. It is essential to stimulate IPOs on the Moscow Exchange to further grow Russia’s financial market. There have not been that many events like this one recently, but 2020 witnessed as many as two domestic IPOs. Since the IPO by GK Samolet enjoyed the highest positive response from investors and it shares have demonstrated some good growth, it was decided to pick this IPO as the best in 2020,” said a representative of Cbonds.
Our congratulations go to Samolet Group, BCS GM IB team and all the stakeholders!
Held since 2003, the Cbonds conference is the largest DCM conference in Russia and one of the largest events with a focus on financial markets.
A message from management of BCS Global Markets
The continuously evolving nature of the global coronavirus situation has meant we at BCS Global Markets (BCS) are taking all necessary steps to keep business disruption to an absolute minimum.
Effective from today (Wednesday 18th March) employees from all divisions of the business based in our Russia, UK, USA and Cyprus offices who can work from home without creating any even minor possible risk for business continuity of the Group will be working remotely. It is very much business as usual at BCS. Our employees are equipped with secure access to our systems and will follow their normal working hours, keeping in regular contact with their colleagues and clients.
Despite ongoing disruption caused by COVID-19, we want to also assure you that following a sustained period of positive performance, our capital and liquidity position remains very strong. The business is well-placed to meet any subsequent financial challenges and will continue to go above and beyond for our clients.