OneSmart covers $212m NYSE listing across range

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By John Loh
22 Mar 2018

The order book for OneSmart International Education Group’s $212m IPO on the New York Stock Exchange is well covered across the price range, said a banker at one of the leads.

The deal launched on Monday through bookrunners Deutsche Bank, Morgan Stanley and UBS. OneSmart, which provides after-school tutoring services in China, is selling 16.3m American Depository Shares at $11 to $13 each in the base offer, as well as 2.4m ADS in the greenshoe.

The shares are being ...

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