Xinyuan Real Estate (XIN) Sees IPO Price of $13-$15
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Xinyuan Real Estate (NYSE: XIN) has filed an amended registration statement with the SEC for an initial public offering of its common stock. The Company is offering 35,000,000 shares and expects the offering price to be between $13-$15 per share. The Company plans to list on the NYSE under the symbol "XIN".
The offering is being made through Merrill Lynch, Deutsche Bank Securities, Allen & Company LLC.
Xinyuan Real Estate is a fast-growing residential real estate developer that focuses on Tier II cities in China, which are a selected group of larger, more developed cities with above average GDP and urban population growth rates.
The offering is being made through Merrill Lynch, Deutsche Bank Securities, Allen & Company LLC.
Xinyuan Real Estate is a fast-growing residential real estate developer that focuses on Tier II cities in China, which are a selected group of larger, more developed cities with above average GDP and urban population growth rates.
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