CLSA among the firms added to Sands HK IPO-sources

Thu Oct 29, 2009 5:39am EDT
 
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HONG KONG, Oct 29 (Reuters) - Regional brokerage CLSA has been added as a joint sponsor in the more than $2.5 billion Hong Kong IPO of Las Vegas Sands (LVS.N), sources said on Thursday, as other banks fight for a chunk of the offering before it lists.

Goldman Sachs (GS.N) and Barclays are the global coordinators

Meanwhile, UBS (UBSN.VX) and Citigroup (C.N) are top contenders to be the offering's joint global coordinator, the sources said. The sources are directly involved in the offering but are not authorised to speak about the deal.

Sands is seeking the approval for its IPO from the Hong Kong listing committee on Thursday. If it obtains approval, the company will kick off pre-marketing next week and start its marketing roadshow on Nov. 9, with its trading debut set to begin by the end of November. (Reporting by Kennix Chim and Michael Flaherty; Editing by Jacqueline Wong)

 

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