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QIWI prices IPO at $17, the midpoint of the range

By: Renaissance Capital
Posted: 5/3/2013 6:35:00 AM
Referenced Stocks: QIWI

QIWI, the leading provider of payment services in Russia through kiosks and mobile wallets, raised $213 million by offering 12.5 million shares at $17, within the range of $16 to $18. QIWI plans to list on the NASDAQ under the symbol QIWI. QIWI initially filed confidentially on 11/5/2012. J.P. Morgan and Credit Suisse acted as lead managers on the deal.