Joint Stock Company "Leasing company "Europlan" has picked VTB Capital, Bank of America and UBS to arrange its initial public offering (IPO), three financial market sources told Reuters, joining other firms seeking to ride a wave of investor interest in Russian assets. Financial sources told Reuters April 2021 that Public Joint Stock Company "SAFMAR Financial investments" (MISX:SFIN) plans an IPO of EuroPlan in June 2021 and is seeking to raise at least $300 million. Safmar says EuroPlan’s network of branches and representative offices, which lease vehicles for small and medium-sized businesses, covers more than 70 regions in Russia. EuroPlan, Bank of America and UBS declined comment. VTB Capital did not immediately reply to a request for a comment.