<IPO News>Everbright Bank (601818.SH) to kick off HKIPO as soon as mid-Sept

AAFN - IPO News

Everbright Bank (601818.SH) to kick off HKIPO as soon as mid-Sept

2012-08-13 09:56:30

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China Everbright Bank Co., Ltd (601818.SH) plans to raise US$1.4 billion through HKIPO, coming below market projection of US$1.6-1.8 billion, Bloomberg cited. The bank had earlier been granted a fund of US$1 to US$1.2 billion from cornerstone and anchor investors and its listing may be initiated by mid-September. CICC, Everbright Capital, Morgan Stanley and UBS will be appointed as joint global coordinators; BNP Paribas, BOC International, HSBC, JP Morgan and Shenyin Wanguo will act as joint underwriters. (y)

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