June 12, 2020 / 10:19 AM / a month ago

China Pacific Insurance launches up to $2.15 billion London listing

LONDON, June 12 (Reuters) - China Pacific Insurance has opened order books on a planned London listing to raise between $1.99-$2.15 billion dollars, according to a lead manager.

The Shanghai-listed firm will look to sell just over 113 million global depositary receipts and has set a price range of $17.60-$19.00 per GDR, the lead manager added.

The deal is expected to price on Tuesday, June 16, and trading is set to begin the next day. (Reporting by Abhinav Ramnarayan; Editing by Tom Arnold)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below