Russian Helicopters holding company intends to start a preliminary marketing for IPO at London Stock Exchange next week, reports BFM.ru with reference to Reuters. VTB Capital, Merrill Lynch and BNP Paribas will be the initiators of the placing.

"Russian Helicopters" may receive more than $500 million following the results of IPO.

Oboronprom is the only shareholder of Russian Helicopters. The holding has called a stockholders' meeting on April 1st by way of absent voting on May 7th. The holding has carried out stocks conversion and securities issue this spring.

"Russian Helicopters" includes: Mil Moscow Helicopter Plant, Kamov, Ulan-Ude Aviation Plant, Kazan Helicopters, Rostvertol, Progress Arsenyev Aviation Company, JSC, named after N. I. Sazykin, Kumertau Aviation Production Enterprise, Stupino Machine Production Plant, Reduktor-PM, Helicopter Service Company, Novosibirsk Aircraft Repairing Plant and Ural civil aviation Plant.