Chinese-owned Cirrus Aircraft has priced its shares at HK$27.50 ($3.52) each to raise $192 million in its Hong Kong initial public offering, a source with direct knowledge of the matter said on Wednesday.
The source could not be identified since they are discussing non-public information.
Cirrus Aircraft did not immediately respond to a request for comment from Reuters.
According to its regulatory filings, the U.S-based small aircraft manufacturer sold 54.87 million shares in the deal in a price range of HK$27.34 to HK$28 a piece.
Reuters
