Delo Group could list on Moscow Exchange one day - founder
MOSCOW. Nov 20 (Interfax) - Delo Group could list on the Moscow Exchange one day, the port terminal operator's founder, Sergei Shishkarev, said.
"The time is perhaps not yet right, and I'm not willing to say exactly when, but we think, together with our shareholder, that the time, the hour will come when we will become participants and list on the Moscow Exchange," Shishkarev said during the plenary session of the Transport of Russia forum.
He said more than 40% of the group's debt portfolio consisted of bonds.
The group's private investors hold 12% of the bonds. "Almost 25,000 people currently own Delo Group bonds," Shishkarev said.
Delo Group operates marine container terminals in the Azov-Black Sea, Baltic and Far Eastern basins, a network of railway container terminals, and a fleet of containers and well cars. The group's transportation and logistics division includes the intermodal container operator TransContainer and the multimodal transport operator Ruscon, while its stevedoring division includes DeloPorts and leading container terminal operator Global Ports. Group founder Sergei Shishkarev owns 50% of company, Rosatom state corporation owns 49% and R-Alliance LLC holds 1%.