JNBY Design Limited’s $103.2 Million Initial Public Offering and Regulation S Offering

Simpson Thacher represented JNBY Design Limited (“JNBY”) in connection with its initial public offering in Hong Kong and Regulation offering of an aggregate of 125,000,000 shares (prior to the exercise of the overallotment option), which raised HK$800 million (approximately US$103.2 million) in gross proceeds.

The shares of JNBY are listed on the Hong Kong Stock Exchange. CCB International acted as the sole sponsor and sole global coordinator. CCB International and CITIC CLSA Securities acted as joint bookrunners and joint lead managers.

JNBY is a leading designer brand fashion house in China. Started business in 1994, JNBY registered its trademark JNBY in 1999 and engages in design, promotion and sale of contemporary apparel, footwear and accessories for women, men, children and teenagers.

The Simpson Thacher team for the transaction included Christopher Wong (Picture), Marjory Ding, Tao Li and Kai Fan (Capital Markets).

Involved fees earner: Christopher Wong – Simpson Thacher & Bartlett; Marjory Ding – Simpson Thacher & Bartlett; Tao Li – Simpson Thacher & Bartlett; Kai Fan – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: JNBY Design Limited;


Author: Michael Patrini