FOR IMMEDIATE RELEASE
Chicago, IL, August 9, 2019 - Loop Capital Markets, LLC ("Loop Capital") served as a joint bookrunner on AMTD International's ("AMTD" or the "Company") (NYSE: HKIB) successful initial public offering (IPO) of 20,759,700 American Depositary Shares ("ADSs") which priced on August 2, 2019 at $8.38 and began trading on the New York Stock Exchange (NYSE) on August 5, 2019. The underwriters exercised their over-allotment option to purchase an additional 3,113,955 ADSs from the issuer on August 9, 2019. With the exercise of the over-allotment option, total gross proceeds for AMTD's IPO were $200,000,000. Along with Loop Capital, AMTD Global Markets served as a joint bookrunner on the transaction, with MasterLink Securities (Hong Kong) Corporation Limited, Tiger Brokers (NZ) Limited, ViewTrade Securities, Inc. and Boustead Securities, LLC as additional underwriters. AMTD International, a subsidiary of AMTD Group, is a premier Hong Kong-headquartered financial institution, Asia's No.1 independent investment banking firm and the largest independent asset management firm in Asia, serving both PRC regional banks and new economy companies.
About Loop Capital Markets
Loop Capital is a full-service investment bank, brokerage and advisory firm that provides creative capital solutions for corporate, governmental and institutional entities across the globe. Loop Capital's reputation for integrity and service - coupled with the firm's track record of success - has allowed them to serve an expanding number of clients from coast to coast and globally. The firm continues to grow because their clients continue to ask them to do more for them. The firm's uncompromising commitment to excellence means that clients get superior, focused service across the entire platform.
Loop Capital® is a registered trademark of Loop Capital Holdings, LLC. Securities and investment banking services are offered through Loop Capital Markets LLC. Loop Capital Markets LLC is a registered broker-dealer and a member of the Financial Industry Regulatory Authority (FINRA), the Municipal Securities Rulemaking Board (MSRB) and the Securities Investor Protection Corporation (SIPC).
Loop Capital prepared this document for informational purposes only. This document and the information herein (collectively "Information") is not a research report and it should not be construed as such. The Information has been gathered from sources believed to be reliable, but is not guaranteed and is not a complete summary of all available data. Any historical price(s) or value(s) are also only as of the date indicated and from any source that may be noted. Loop Capital is under no obligation to update opinions or other information. Any opinions expressed by Loop Capital represent our present opinions as of the date of this Information and are subject to change without further notice. The Information, including proposed terms and conditions, are indicative and for discussion purposes only. Finalized terms and conditions of any transaction or engagement are subject to further discussion and negotiation and will be evidenced by a formal agreement.
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