3 days ago
Czech Defense Firm CSG Said to Pick Banks for Potential 2026 IPO
Defense manufacturer Czechoslovak Group AS has selected banks to lead its potential initial public offering that could take place as soon as next year, according to people familiar with the matter.
Known more commonly as CSG, the Prague-based producer of heavy ammunition and combat vehicles has lined up BNP Paribas SA, Jefferies Financial Group Inc., JPMorgan Chase & Co. and Unicredit SpA to arrange the offering, said the people who asked not to be identified as the information is private. BNP Paribas, JPMorgan and Unicredit were among the banks that helped arrange a junk bond sale for the company in June.
