Business & Finance

China Everbright names 10 banks for $6bn HK listing

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The underwriters for the offer are: Bank of America Merrill Lynch, BOC International, BNP Paribas, CICC, China Everbright Securities, Goldman Sachs, Guotai Junan Securities, JP Morgan, Morgan Stanley and UBS, IFR, a Thomson Reuters publication said.

The lender aims to wrap up the deal by end July, it said.

Last month, the Shanghai-listed mid-sized Chinese bank said it plans to issue up to 12 billion Hong Kong-listed shares, including an over allotment option, to boost its capital adequacy ratio.

Copyright Reuters, 2011