Renaissance Capital logo

Specialty chemical manufacturer Chemspec International sets IPO terms and timing

June 10, 2009
CPC

Chemspec International, which is the largest manufacturer of fluorinated specialty chemicals in China, announced terms for its upcoming IPO on Wednesday. The company plans to raise $65 million by offering 8.1 million ADS at a range of $7 to $9. Credit Suisse and Citi are the lead underwriters on the deal, which is expected to price during the week of June 22.