KOKS is seeking to raise up to $520 million in an initial public offering (IPO), Reuters reports. The Russian coking coal and pig iron producer will sell at least 20% of its stock at $6.25-$8 per share.

KOKS will also issue treasury shares, the cash raised from which will be invested in the company. The joint book-running managers for the offering are Citi, UBS and VTB Capital.

Click here for the story from Reuters.

Click here for additional coverage from Bloomberg.