Yuanda China Holdings, which makes curtain walls that cover the outside of buildings, plans to raise about $536 million in an initial public offering in Hong Kong, according to a term sheet seen by Reuters on Monday.

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The company will start marketing the IPO to institutional investors on Monday and to retail investors on April 20.

Yuanda could raise up to HK$4.17 billion ($536.4 million) from the sale of 1.5 billion shares in a price range of HK$1.92 to HK$2.78 each, according to the term sheet. The deal is set to be priced on April 29, with trading scheduled for May 6.

The company has hired BOC International, JPMorgan Chase & Co, Deutsche Bank AG and Standard Chartered Plc as joint bookrunners.