Sinotrans prices IPO

China''s national transportation and logistics company attracts more demand than expected.
February 07, 2003

The world's largest IPO of the year-to-date was priced towards the top of its price range on Saturday by joint leads BOCI and Credit Suisse First Boston. International books for the $436 million deal closed twelve times covered, with retail books likely to announced as more than 15 times covered, since the first clawback is to be triggered.

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