Wind turbine maker in US$350 million IPO
November 09, 2010 | BY
Candice MakChina Ming Yang Wind Power Group (China Ming Yang) has listed on the New York Stock Exchange and raised US$350 million through its initial public offering…
China Ming Yang Wind Power Group (China Ming Yang) has listed on the New York Stock Exchange and raised US$350 million through its initial public offering (IPO). The underwriters were Morgan Stanley, Credit Suisse and Bank of America Merrill Lynch.
The issuer is the largest non-state owned or controlled wind turbine manufacturer in the PRC.
Advising China Ming Yang was Fangda Partners on PRC law and Simpson Thacher & Bartlett on US law. A Latham & Watkins team led by David Zhang, Eugene Lee and Benjamin Su represented the underwriters. Greg Knowles led the Maples and Calder team that was offshore counsel.
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