Kirkland & Ellis is representing AAG Energy Holdings Limited, the leading independent coalbed methane producer in China, on its initial public offering (IPO) on the Hong Kong Stock Exchange. HSBC Corporate Finance (Hong Kong) Limited and China International Capital Corporation Hong Kong Securities Limited are joint global coordinators on the IPO.
The AAG Energy Global Offering is priced at HK$3.00 per share for a total offering size of approximately HK$2.28 billion (US$295 million), without taking into account any exercise of the Over-allotment Option. The listing took place on June 23, 2015.
Attorneys involved in the deal include capital market partners Dominic Tsun, David Zhang, Li-Chien Wong, Benjamin Su, Ben James and Henry Cheng.