Home Credit lines up billion-dollar-plus HK listing

Loans_Fotolia_230x150
By Jonathan Breen
15 Jul 2019

Emerging market consumer finance company Home Credit filed its draft prospectus in Hong Kong on Monday, setting its $1bn-plus IPO in motion, according to a source with direct knowledge of the matter.

The company has appointed Citi, HSBC and Morgan Stanley as sponsors to run the IPO, which is expected in the early fourth quarter of this year, said the source, adding that the firm is likely to attract attention as a financial name.

“There hasn’t been a pan-Asia financial ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial