MOSCOW, Dec 1 (Reuters) - Russian lender Sovcombank plans to raise 10 billion roubles ($111.93 million) from an initial public offering (IPO) of its shares that it intends to hold on the Moscow Exchange, the bank said on Friday.
The price range was set at 10.5-11.5 roubles per share which indicates a market capitalization from 200 billion roubles to 219 billion roubles, Sovcombank said in a statement. (Reporting by Reuters; editing by Guy Faulconbridge)
