Citi named successor depositary bank for Globaltrans Investment's GDR programme.
Global Banking News-June 4, 2020-Citi named successor depositary bank for Globaltrans Investment's GDR programme
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Acting through Citibank NA, Citigroup Inc (NYSE:C) has been appointed by Globaltrans Investment plc to act as successor depositary bank for its Global Depositary Receipt (GDR) programme, the company revealed on Wednesday.
The GDRs are listed on the London Stock Exchange and trade under the symbol 'GLTR'. Each GDR represents one ordinary share of the company.
Globaltrans is a freight rail transportation group with operations across Russia, the CIS and the Baltic countries. It operates a large railcar fleet in the region, comprised mainly of universal gondola cars that can carry a wide range of bulk cargo and tank cars for...
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