New Oriental Education, the largest provider of private education services in China, priced 7.5 million shares at $15, above its proposed $11-$13 range. In a sign of strong demand, the underwriters indicated that the company exercised its over-allotment option in its entirety. Credit Suisse, Goldman Sachs and Piper Jaffray managed the deal. The stock is expected to begin trading on the NYSE under the ticker EDU on Thursday.
