* Plans to list ADSs on Nasdaq under symbol "CBIO"
* Says Morgan Stanley, Deutsche Bank, and Jefferies are
July 19 China's Cathay Industrial Biotech Ltd
filed with U.S. regulators on Tuesday to raise up to $200
million in an initial public offering of American Depositary
In a filing with the U.S. Securities and Exchange
Commission, the company said Morgan Stanley, Deutsche Bank
Securities and Jefferies would be underwriting the offering.
Cathay Industrial plans to list its shares on Nasdaq under
the symbol "CBIO."
The Shanghai-based company said that besides expanding its
production and research facilities, it would use the proceeds of
the offering to further develop and commercialize biobutanol -
an industrial solvent.
The amount of money a company says it plans to raise in its
first IPO filing is used to calculate registration fees. The
final size of the IPO can be different.
(Reporting by Chris Jonathan Peters in Bangalore; Editing by