29 Apr 2010 10:57

Kuzbass Fuel Co cuts IPO price range, offering - sources

MOSCOW. April 29 (Interfax) - Kuzbass Fuel Company has lowered the price range for its IPO to $6.5-$7.5 from the $7.7-10.4 announced last week, financial industry sources told Interfax.

The number of shares on offer has been reduced by 30%.