Topic: Zuoan Fashion (ZA)

China-based menswear designer Zuoan Fashion files for $100 million IPO

Zuoan Fashion Limited, a casual menswear designer and manufacturer in China that sells its products through 10 distributors and 31 direct stores, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering. The Shanghai-based company, which was founded in 1999 and booked $104 million in sales in 2009, plans to list on the NYSE under the symbol ZA. Cowen & Company is the lead underwriter on the deal, for which pricing terms and timing were not disclosed.

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China-based menswear designer Zuoan Fashion reveals IPO terms

Zuoan Fashion Limited, a casual menswear designer and manufacturer in China with 10 distributors and 31 direct stores, announced terms for its IPO on Wednesday. The Shanghai-based company plans to raise $79 million by offering 6.9 million ADSs at a price range of $10.50-$12.50. At the mid-point of the proposed range, Zuoan Fashion Limited will command a market value of $326 million. Zuoan Fashion Limited, which was founded in 1999 and booked $104 mil in sales in 2009, plans to list on the NYSE under the symbol ZA. Cowen & Company is the lead underwriter on the deal, which is expected to price during the week of 1/24/11. Zuoan Fashion Limited is the sixth company to announce terms for its upcoming IPO so far today.

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Chinese designer Zuoan Fashion decreases proposed IPO deal size

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Chinese apparel designer Zuoan Fashion prices IPO at $7, below the range

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