TAL Education Group, China's largest K-12 after-school tutoring service provider with 196 learning and service centers, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering. The Beijing-based company, which was founded in 2005 and booked $90 million in sales for the 12 months ended August 31, plans to list on the NYSE under the symbol XRS. Credit Suisse and Morgan Stanley are the lead underwriters on the deal. Pricing terms and timing were not disclosed.
