Canada’s Sunshine Oilsands starts pre-marketing for Hong Kong IPO

The oil sands company aims to raise up to $600 million from the first major listing in Hong Kong this year.

Canada’s Sunshine Oilsands starts pre-marketing for Hong Kong IPO

Bankers started pre-marketing yesterday for a Hong Kong initial public offering of Calgary-based Sunshine Oilsands, which, according to one source, is aiming to raise between $300 million and $600 million.

If successful, the deal will be the first IPO of scale in Hong Kong this year. Seven companies have debuted on the main board so far, but none have raised more than $55 million. It will also be the biggest listing in the world so...

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