Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 34 n° 25

AMTD International Inc. Announces Pricing of Initial Public Offering

Posted by fidest press agency su martedì, 6 agosto 2019

AMTD International, Inc. (NYSE:HKIB) (“AMTD” or the “Company”), a subsidiary of AMTD Group, a premier Hong Kong-headquartered financial institution, Asia’s No. 1 independent investment banking firm1 and the largest independent asset management firm in Asia for PRC regional banks and new economy companies2, announced the pricing of its initial public offering of 20,759,700 American depositary shares (“ADSs”) at a price to the public of US$8.38 per ADS on August 2, 2019. In addition, the Company has granted the underwriters a 30-day option to purchase up to an aggregate of 3,113,955 additional ADSs from the Company to cover over-allotments. The total gross proceeds of the offering are expected to be approximately US$200 million if the underwriters choose to exercise their over-allotment option in full.
The listing represents the first Hong Kong home-grown financial institution and the first Asian independent investment banking firm to list on the New York Stock Exchange (“NYSE”).
The ADSs are expected to commence trading on the NYSE on August 5, 2019 under the ticker symbol “HKIB.” The transaction is expected to close on August 7, 2019, subject to customary closing conditions.The Company intends to utilize the net proceeds from the public offering to invest in AMTD’s business and infrastructure expansion, fund potential acquisitions and investments, and use the remainder for general corporate purposes.AMTD Global Markets Limited and Loop Capital Markets LLC. are the lead underwriters of this offering, with the support of other underwriters.

Rispondi

Inserisci i tuoi dati qui sotto o clicca su un'icona per effettuare l'accesso:

Logo di WordPress.com

Stai commentando usando il tuo account WordPress.com. Chiudi sessione /  Modifica )

Google photo

Stai commentando usando il tuo account Google. Chiudi sessione /  Modifica )

Foto Twitter

Stai commentando usando il tuo account Twitter. Chiudi sessione /  Modifica )

Foto di Facebook

Stai commentando usando il tuo account Facebook. Chiudi sessione /  Modifica )

Connessione a %s...

 
%d blogger hanno fatto clic su Mi Piace per questo: