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Herbert Smith Freehills advises on China Everbright Greentech's US$376.4 million Hong Kong listing

09 May 2017 | Hong Kong
Deals and cases

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Herbert Smith Freehills has advised the joint sponsors and underwriters of the IPO and spin-off listing of China Everbright Greentech Limited on the Stock Exchange of Hong Kong Limited (Stock Code: 1257.HK) on 8 May 2017.

The joint sponsors of the HK$2.93 billion (US$376.4 million) listing were China International Capital Corporation Hong Kong Securities Limited and CEB International Capital Corporation Limited. The underwriters of the listing were China International Capital Corporation Hong Kong Securities Limited, CEB International Capital Corporation Limited, China Everbright Securities (HK) Limited, CCB International Capital Limited and China Merchants Securities (HK) Co., Limited.

China Everbright Greentech is a specialty environmental protection service provider, focused on the biomass and hazardous waste treatment industries. It has a leading position in these markets in China, with the fourth largest aggregate biomass power generation designed capacity and the third largest aggregate hazardous waste disposal designed capacity in the country for projects in operation, under construction and at the planning stage.

The company has spun off from China Everbright International Limited (CEIL), one of the largest integrated environmental solution providers in China. The deal included a preferential offering of offer shares of China Everbright Greentech to qualifying shareholders of CEIL.

Partners Matt Emsley and Siddhartha Sivaramakrishnan led the team advising the sponsors and underwriters, assisted by senior associate Jackie Chen and associates Jeremy Shen, George Wu, Lawrence Cheng, Qingqing Bu and Ronald Hui. 

 

史密夫斐尔就中国光大绿色环保有限公司3.764亿美元香港上市项目提供服务

 

史密夫斐尔律师事务所就中国光大绿色环保有限公司(股票代码:1257.HK)于2017年5月8日首次公开发行并在香港联交所分拆上市,为联席保荐人及承销商提供法律服务。                                                                             

此次29.3亿港币(3.764亿美元)分拆上市项目的联席保荐人为中国国际金融公司香港证券有限公司及光银国际资本有限公司。承销商为中国国际金融公司香港证券有限公司、光银国际资本有限公司、中国光大证券(香港)有限公司、建银国际金融有限公司及招商证券(香港)有限公司。

中国光大绿色环保有限公司是专业环保服务提供商,专注于生物质发电和危废处置行业,并于中国市场处于领先地位,就投运、在建及筹建项目而言,生物质总装机容量列位中国第四,危废处置总设计处理能力列位中国第三。

中国光大绿色环保有限公司从中国最大的综合性环境解决方案提供商之一中国光大国际有限公司(“光大国际”)分拆出来。此次全球发售包括通过优先发售向合资格光大国际股东发售股份。

史密夫斐尔律师事务所合伙人艾迈修 (Matt Emsley) 和Siddhartha Sivaramakrishnan牵头为保荐人及承销商提供法律服务,资深律师陈洁羽(Jackie Chen)以及律师沈志良(Jeremy Shen)、吴卓人(George Wu)、郑汉明(Lawrence Cheng)、卜青青(Qingqing Bu)和许乐安(Ronald Hui)提供协助。

 

Media Contact

For further information on this news article, please contact:

Sally Greig, Head of Communications, Asia

Hong Kong
Tel: 
+852 21014624