China National Nuclear Power $2.7 billion Shanghai IPO

26/5/2015

IPO

Value:

$ 2.7 billion

Status:

Announced

Date:

26/5/2015

Overview:

China National Nuclear Power Co (CNNPC) has undertaken a $2.7 billion IPO on the Shanghai Stock Exchange.
At time of issuance the deal represents the largest IPO in China since 2011.
The funds will be used for a reactor building programme.
The deal has been planned since 2012.

John Crabb - Journalist

Jurisdiction:

China

Deal type:

IPO

Practice area:

Capital markets : Equity

Governing law:

China

Industry sector:

Energy

Firm:

Tian Yuan Law Firm

Party: China National Nuclear Power Co (CNNPC) (Issuer)

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