Hong Kong debut for PRC wind power company

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    China Datang Corporation Renewable Power (China Datang) has launched its Hong Kong initial public offering (IPO) and Rule 144A/Regulation S global offering.…

    China Datang Corporation Renewable Power (China Datang) has launched its Hong Kong initial public offering (IPO) and Rule 144A/Regulation S global offering. The issuer, China's second largest wind power producer, raised HK$5 billion (US$643 million).

    The joint bookrunners and joint lead managers were UBS, China Everbright Securities, Cinda International Capital, Credit Suisse, JP Morgan Securities and Macquarie Capital Securities.

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