Air Astana IPO turns out to be popular in Kazakhstan’s financial circles

26.02.2024

Air Astana raised $370 million, while the total demand for the company's securities amounted to $1,147 million. The order book was oversubscribed by 3.1 times. This initial placement surpassed the IPO of KazTransOil, which was a record in terms of supply and demand ratio. So far, none of the subsequent...