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Tianjin Port to sell up to 331m USD shares-term sheet
Published on: 2010-01-14
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HONG KONG, Jan 12 - Tianjin Port Development Holdings Ltd is selling up to $331 million worth of shares at a discount of 11.6 to 18 percent to its closing share price on Tuesday, according to a document sent to investors.


Tianjin Port was selling 986.5 million new shares at HK$2.41 to HK$2.60 per share, in a deal handled by BofA Merrill Lynch, Morgan Stanley and Citic Securities International, the document said.


Tianjin Port shares ended down 2 percent at HK$2.94 on Tuesday.

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