trending Market Intelligence /marketintelligence/en/news-insights/trending/He18VzdKYmU123RB8OEaYA2 content esgSubNav
In This List

Hong Kong-based AMTD International prices US IPO

Blog

Insight Weekly: US inflation soars; real estate faces slowdown; megadeals drive tech M&A

Blog

Commercial Banking: June 22nd Edition

Blog

Insight Weekly: Path to net-zero; US manufacturing momentum; China's lithium M&A frenzy

Blog

Commercial Banking Newsletter June Edition - 2022


Hong Kong-based AMTD International prices US IPO

Hong Kong's AMTD International Inc. on Aug. 2 priced its IPO of 20,759,700 American depositary shares at US$8.38 apiece.

The AMTD Group Co. Ltd. unit granted underwriters a 30-day overallotment option to purchase up to 3,113,955 additional shares. The shares are expected to start trading on the NYSE on Aug. 5 under the HKIB ticker. The transaction is expected to close Aug. 7, subject to customary closing conditions.

The investment bank is expected to raise gross proceeds of roughly US$200 million if the overallotment option is fully exercised.

AMTD Global Markets Ltd. and Loop Capital Markets LLC are the lead underwriters of this offering, with the support of other underwriters.