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Offering prices NLB at lower end of expectations

Ljubljana, 26 October - Shares of NLB, Slovenia's largest bank, will be priced at EUR 51.50-66 in the forthcoming initial public offering of up to 75% of the bank minus one share, valuing the entire bank at EUR 1-1.3bn. The pricing, revealed in a prospectus released on Friday, is at the lower end of expectations but reflects the current market situation.

Ljubljana
The headquarters of the NLB bank in the centre of Ljubljana.
Photo: Bor Slana/STA

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