Kirkland & Ellis advised Will Semiconductor Co., Ltd. Shanghai (“Will Semiconductor”) (SHA: 603501), a global leading fabless semiconductor company, in its $445 million offering of 31,000,000 global depositary receipts (GDRs), each representing one A share of Will Semiconductor. The GDRs are listed on SIX Swiss Exchange under the symbol “WILL.” The offering closed on November 10, 2023.
Distinguished by its advanced proprietary technologies, diversified products and solution portfolio, flexible fabless business model and extensive customer network and supply chain ecosystems, Will Semiconductor is recognized as one of the world’s top 10 fabless semiconductor companies by revenue.
The transaction marked the largest offshore listing by a China-based semiconductor company since 2005, with a market capitalization of over $19 billion at the time of the listing.
The Kirkland team was led by capital markets partner Mengyu Lu, with support from capital markets partner Ming Kong.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
The advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
