British debt collector Cabot Credit Management Group Ltd., which abandoned a planned London listing last year, is expected to restart its IPO plan after the publication of its full-year 2017 results in mid-March, Reuters reported Feb. 2, citing "sources familiar with the matter."
The group cited unfavorable equity market conditions in the U.K. when it canceled its IPO in November 2017, under which it had expected to raise about £195 million of gross primary proceeds.
A spokesman for the company declined to comment, Reuters said.
