Moncler IPO to raise up to 785 mln euros - term sheets

MILAN Wed Nov 27, 2013 2:53am EST

MILAN Nov 27 (Reuters) - Italian skiwear maker Moncler IPO-MON.MI aims to raise at least 585-681 million euros ($793-$923 million) through a public share offer which is expected to start trading in Milan on Dec. 16, three term sheets for the deal showed on Wednesday.

The goosedown jacket maker could raise 672-785 million euros if it receives strong interest in the deal and decides to sell more shares through a greenshoe option.

Moncler will start taking orders for the shares on Nov. 27 with a price range announced late on Tuesday of 8.75-10.2 euros per share. ($1 = 0.7374 euros) (Reporting by Isla Binnie; editing by Agnieszka Flak)

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