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02 Feb

CATL may issue $5-6 billion GDR in Switzerland

Chinese battery giant CATL may issue global depositary receipts (GDR) in Switzerland to raise about $5-6 billion, according to International Finance Review.  According to this source, the Swiss listing may take place as early as this year, and CATL has held discussions internally and externally on this matter with financial experts. China Securities, CICC, Goldman Sachs, and UBS are potential agencies that may help with this listing. So far, CATL h…
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