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Xueda Education prices IPO at $9.50, above the range

November 1, 2010
XUE

Xueda Education Group, which is China's leading provider of 1-on-1 tutoring for primary and secondary students, raised $128 million on Monday by offering 13.4 million shares at $9.50, 15% above the midpoint of its $7.25 to $9.25 proposed range. Xueda Education Group will list on the NYSE under the symbol XUE. Goldman Sachs (Asia) L.L.C. acted as lead manager on the deal.