北京柯莱特信息系统有限公司近日在纽约首次公开发售1.5亿美元美国存托股，是中国公司2010年目前完成的最大的美股发行交易。
北京金诚同达律师事务所，美国世达律师事务所及Maples and Calder担任此次IPO的发行人顾问。承销商由君合律师事务所和美国盛信律师事务所提供法律服务。
*Goldman Sachs acted as the sole global coordinator and as a joint bookrunner with Barclays Capital, William Blair & Company, Cowen and Company and Oppenheimer
US$150m
Synopsis
Firm
Client
Role
Issuer
PRC counsel
Peter Huang]Issuer
US counsel
Maples and Calder
Issuer
Cayman Islands counsel
Simpson Thacher
Underwriters*
US counsel
Jun He
Underwriters*
PRC counsel
Jincheng Tongda & Neal recently advised on Camelot’s NYSE US$150m IPO and American depositary shares (ADS) offering, marking the largest US IPO from a PRC company seen in 2010. The Beijing-based company, which works on behalf of IBM and Accenture Plc. The company helps install and maintain business-management software and makes most of its sales in China, Japan and Taiwan. Camelot will receive 69% of the proceeds of the sale, with owners such as New York-based Citigroup’s venture capital funds receiving the rest.
JT&N is Camelot’s long-term legal counsel, advising them on daily corporate legal needs including contractual reviews. The firm’s offshore listing practice is currently led by senior partners Steven Peng and Shao Guozhong along with the lead partner on Camelot’s deal, Tian Bin. “This deal has become a great driver for our offshore listings practice. While we did not used to specialise in advising on offshore listings, it has now become one of JT&N’s growth sectors” said Tian.
“Given the increasing interest in the sector, we are starting to place more focus on helping clients list offshore. PRC companies have always worked towards listing, and they are getting much closer to realising their dreams,” she added. ALB
Related stories: