Source: Bloomberg              Date: 06 October, 2010

Winsway Coking Coal Holdings Ltd. raised USD472 million selling stock in an initial share sale in Hong Kong, according to terms for the transaction. Winsway, which processes and transports coal from Mongolia into China, sold 990 million shares at HKD3.70 apiece, the terms show. That’s lower than the mid-point of the HKD3.25-HKD4.50 range specified in the company’s IPO prospectus. Winsway has an option to sell a further 148.5 million shares, the terms show.

Deutsche Bank AG, Goldman Sachs Group Inc. and Bank of America Corp.’s Merrill Lynch & Co. unit managed the sale, according to Winsway’s IPO prospectus.