KIEV, July 12 - Rinat Akhmetov's System Capital Management (SCM), Ukraine's biggest holding, with assets in the metals, machine building, power, coal, telecommunications, banking, insurance, media and other sectors, plans to invest more than $6.2 billion in its businesses in the next five years, Roman Vodolazsky, the company's CFO, told the Ukrainian Dilo newspaper.

Vodolazsky said SCM would be looking to borrow on the debt markets to finance the investments, and intended during the next year to prepare its core enterprises for initial public offerings (IPO).