This “equity adviser” as Rothschild is in Hidroelectrica listing is different from the listing adviser. According to ZF sources, the selection of the intermediary syndicate, most likely set to include the financial underwriting units of some banks, has already started, with FP meeting banks these days.

The IPO of Hidroelectrica, via the sale of a part or even the whole of FP stake, will be the largest offering in the history of the Bucharest Stock Exchange, but some aspects related to the listing still need to be clarified.

(English version by Catalina Apostoiu)