[ET Net News Agency, 14 November 2018] BabyTree Group (01761) intends to raise between
US$217.7 million and HK$281.7 million (pre-greenshoe) in a global offering, according to a
term sheet.
The company plans to offer a total of 250.32 million shares, which comprise a public
offer of 25.03 million shares (subject to reallocation) and a placing of 225.29 million
shares at an indicative offer price range of HK$6.8 to HK$8.8 per share.
The deal size ranges between US$217.7 million and US$281.7 million.
The book opens on 14 November and expected to close on 20 November. Trading of the
shares is expected on 26 November. (KL)
|
|
|
|
|
|
|
|
|
|
IPO News
14/11/2018 11:11
BabyTree (01761) eyes up to US$282m in HK IPO - term sheet