news
Products of Belle are seen at a show window at its store in Beijing March 25, 2013. REUTERS/Kim Kyung-Hoon

 

Cleary Gottlieb Steen & Hamilton and JunHe are advising Chinese footwear and apparel maker Belle Fashion Group on its planned Hong Kong IPO that is set to raise between $500 million and $1 billion. Freshfields Bruckhaus Deringer and Haiwen & Partners are representing the joint sponsors.

Belle Fashion, previously known as Belle International, was listed on the Hong Kong Stock Exchange in 2007, before being taken private by a buyout group led by Hillhouse Capital and CDH Investments in 2017.

It is China’s largest fashion footwear company and owns more than 10 brands, including Staccato, Belle, CAT, Moussy, and Champion.

The joint sponsors on the IPO are BofA Securities and Morgan Stanley.

 

TO CONTACT EDITORIAL TEAM, PLEASE EMAIL ALBEDITOR@THOMSONREUTERS.COM

Related Articles

Features

BRIEF: Malaysia Offers Investors Cooling IPO Respite During Sluggish Summer

by Sarah Wong |

In a year when global IPO markets have wilted under the economic heat, Bursa Malaysia has stood out as a surprising oasis of activity.

Deals

JSA, Trilegal act on NTPC Green’s upcoming $1.2bln IPO

by Nimitt Dixit |

JSA Advocates & Solicitors is advising NTPC Green Energy, state-run power producer National Thermal Power Corporation’s renewable energy arm, on its announced initial public offering worth $1.2 billion, with Trilegal advising the book running lead managers.

Deals

CAM, Khaitan, Links act on Bajaj Housing Finance’s $782mln IPO

by Nimitt Dixit |

Cyril Amarchand Mangaldas has advised Indian home-loan financier Bajaj Housing Finance (BHF) and its promoter Bajaj Finance on BHF’s $782 million initial public offering, with Khaitan & Co and Linklaters representing the book-running lead managers to the offer.