Renaissance Capital logo

Lentuo quiet period ends January 18

January 13, 2011
LAS

Lentuo International, an automobile retailer in Beijing with six dealerships, will see its quiet period end on Tuesday, January 18. On December 9, the company raised $52 million by offering 6.6 million ADSs shares at $8, below the range of $11.50-$13.50. Cowen & Company and HSBC Corporation acted as lead managers on the deal.