GC
GSX Techedu nets $208m from NYSE listing
Chinese online tutoring company GSX Techedu has raised $207.9m after pricing its US listing at the mid-point of guidance, according to a source familiar with the matter.
The company launched its IPO roadshow on May 27, and was boosted by strong early interest. The offering comprised 19.8m American Depository Shares (ADS) and an additional 2.97m ADS greenshoe.
Left lead bank Credit Suisse and joint bookrunners Barclays, CLSA and Deutsche Bank marketed the stock with a ...Already a subscriber? Login
