EFG Financial Products launches IPO

ZURICH, Oct 8 (Reuters) - EFG International'ssubsidiary launched its initial public offering on Monday,saying it was aiming for a price range of 40 to 50 Swiss francsper registered share.

Trading of EFG Financial Products on the Swiss bourse SIX isexpected to begin on Oct. 19.

After completion of the IPO, EFG International will continueto hold a stake of not less than 20 percent in EFG FinancialProducts, down from around 58 percent at present.

(Reporting by Catherine Bosley; Editing by MuralikumarAnantharaman)

((catherine.bosley@thomsonreuters.com)(+41 58 306 7461))

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