-Chinese Moonbasa.com picks Barclays, Deutsche, BofA to underwrite IPO

Internet Business News
06-16-2011
-Chinese Moonbasa.com picks Barclays, Deutsche, BofA to underwrite IPO

INTERNET BUSINESS NEWS-(C)1995-2011 M2 COMMUNICATIONS

16 June 2011 - Chinese online clothing retailer has picked Barclays (LON:BARC), Deutsche Bank (ETR:DBK) and Bank of America (NYSE:BAC) to underwrite its planned initial public offering (IPO) on Nasdaq, China Knowledge Press said today, citing two insiders.
The listing, aimed at securing USD150m (EUR106.3m), will be launched by the end of 2011, the sources added.

The banks declined to comment on the report, while Moonbasa.com was not reached for comment.

Moonbasa.com specialises in online trade of women's underwear under the Moonbasa Venus and Moonbasa Victoria brands and in clothing for children and men.

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