OREANDA-NEWS. February 14, 2013. Euromoney magazine has recognized Sberbank’s secondary public offering as the deal of the year for 2012 for Emerging Europe, reported the press-centre of Sberbank.     

“In terms of broader market impact, no 2012 deal from CEE can compare with Sberbank’s USD5.2 billion secondary equity placement. The Sberbank offering almost single-handedly revived the region’s moribund equity primary markets, paving the way for subsequent deals”, stated Euromoney, commenting on Sberbank’s success. “That Sberbank was able to do this in such a convincing manner was due not merely to the sheer scale of the offering but also to textbook timing and execution on the part of both the seller and the syndicate banks.”

Sberbank's SPO became the largest privatization deal in Russia, as well as the largest secondary placement in EMEA in 2011–2012 and one of the largest public offerings in 2012 globally.

Bids were received from more than 300 institutional investors. The offering was implemented in an extremely short period and demand exceeded supply by several times. Shares were acquired by investors from all over the world looking for long-term investment. As a result of the deal, the Bank of Russia was able to raise over USD 5.2 billion.

Since 1991, Euromoney has been annually announcing “Awards of Excellence” for leaders of the spheres of banking, finance and investments.