Private iron ore company launches US$148 million IPO
October 12, 2011 | BY
clpstaff &clp articlesChina Hanking, a large independent privately-owned iron ore concentrate producer based in Northeastern China, has raised US$148 million through its Hong…
China Hanking, a large independent privately-owned iron ore concentrate producer based in Northeastern China, has raised US$148 million through its Hong Kong initial public offering and global offering. The joint bookrunners were Deutsche Bank, Credit Suisse, and BNP Paribas Capital.
Advising the issuer as to Hong Kong and US law aspects was Clifford Chance, and China Hanking's PRC counsel was Jingtian & Gongcheng. The Hong Kong and US advisers to the underwriters was a Hong Kong-based Paul Hastings team led by Chris Betts and Neil Torpey. The banks' Chinese counsel was Commerce & Finance Law Offices. Conyers Dill & Pearman represented China Hanking as to Cayman Islands law.
This premium content is reserved for
China Law & Practice Subscribers.
A Premium Subscription Provides:
- A database of over 3,000 essential documents including key PRC legislation translated into English
- A choice of newsletters to alert you to changes affecting your business including sector specific updates
- Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
Already a subscriber? Log In Now