Bankers are preparing to kick off a roadshow for Harbin Bank, which aims to raise $1 billion in a Hong Kong listing later this month, making it the latest Chinese bank seeking to float its shares amid mounting concerns of a debt crisis on the mainland.
On offer will be 3 billion shares, or 27.5% of the enlarged capital. Of these, some 2.7 billion will be new shares, with a greenshoe option of 453.5 million shares, according to a term sheet seen by FinanceAsia.
The formal roadshow starts Monday and concludes Friday, with bankers close to the deal noting that the bookbuild is on an...
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