IFLR1000

Crystal International Group HKSE IPO

6/11/2017
IPO
Select tab

HK$ 4.48 billion

Announced

6/11/2017

Overview:

  • Crystal International Group has undertaken an IPO on the HKSE raising $570 million. 
  • The company is an apparel supplier to firms like H&M, Gap, Fast Retailing and others. 
  • Proceeds will be used for further investments and in expanding fabric production. 
  • Morgan Stanley and HSBC acted as joint sponsors and as joint global coordinators and bookrunners together with Citi.

Katrin Kostadinova - Data analyst 

Jurisdiction:

Hong Kong SAR

Deal type:

IPO

Practice area:

Capital markets : Equity

Governing law:

Hong Kong

Industry sector:

Consumer goods and services

Firms:
Commerce & Finance Law Offices

Party: Morgan Stanley (Sponsor, Joint global coordinator, Joint bookrunner)

Party: HSBC (Sponsor, Joint global coordinator, Joint bookrunner)

Party: Citigroup (Joint global coordinator, Joint bookrunner)

Jingtian & Gongcheng

Party: Crystal International Group (Issuer)

MdME

Party: Crystal International Group (Issuer)

Paul Hastings

Party: Morgan Stanley (Sponsor, Joint global coordinator, Joint bookrunner)

Party: HSBC (Sponsor, Joint global coordinator, Joint bookrunner)

Party: Citigroup (Joint global coordinator, Joint bookrunner)

Lawyers: Raymond Li, Zhaoyu Ren

Simpson Thacher & Bartlett

Party: Crystal International Group (Issuer)

Related deals