Press Release

Kirkland Advises Chindata on its Nasdaq IPO

Kirkland represented Chindata Group Holdings Limited, a carrier-neutral hyperscale data center solution provider in Asia and a Bain portfolio company, in its Nasdaq IPO under the symbol “CD” on September 30, 2020. The IPO was underwritten by Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., UBS Securities LLC and China Renaissance Securities (Hong Kong) Limited and raised US$621 million, assuming exercise of the over-allotment option. Kirkland also represented Chindata in its concurrent private placements for an aggregate amount of US$135 million. 

Read the press release from Chindata

The Kirkland team was led by transactional partners David Zhang and Steve Lin with support from transactional partner Pierre-Luc Arsenault, national security partners Ivan Schlager, Daniel Gerkin and Anthony Rapa, debt finance partner Jacqueline Zheng and tax partner Karen Lee.