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Feb. 07, 2007
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Sukhoi Civil Aircraft to Launch IPO in 2010
Sukhoi Civil Aircraft Co. intends to launch the IPO in 2010, offering up to 15 percent of the stocks to investors, Gazeta reported referring to the company’s Vice President Maxim Grishanin. Today’s holders – Sukhoi Co. and Sukhoil Design Bureau – will retain the stake of 51 percent, while Italian Alenia Aeronautica will have a blocking ownership.
Vneshekonombank is willing to acquire up to 10 percent in Sukhoil Civil Aircraft, Vremya Novostei reported. Vneshekonombank is the company’s partner now.

On February 6, for instance, the bank entered into an agreement with the London office of Deutsche Bank for the loan facility of $33.2 million to fund the project of Russia’s regional aircraft, Sukhoi Superjet 100.

Further participation of Vneshekonombank “will depend on the progress in the project,” representatives of the company said. Nowadays, Superjet 100 is passing the ground tests, but it will make the first flight this year.

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