CNFinance Holdings, a provider of home equity loans in China, filed on Wednesday with the SEC to raise up to $200 million in an initial public offering.
The Guangzhou, China-based company was founded in 1999 and booked $581 million in revenue for the 12 months ended March 31, 2018. It plans to list on the NYSE under the symbol CNF.RC. CNFinance Holdings filed confidentially on March 30, 2018. J.P. Morgan and Credit Suisse are the joint bookrunners on the deal. No pricing terms were disclosed.
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