Renaissance Capital logo

China Nepstar Chain Drugstore announces terms

October 26, 2007
NPD

China Nepstar Chain Drugstore, the largest retail drugstore chain in China, filed terms with the SEC Friday for its upcoming IPO. The company plans to offer 20.6 million ADRs at a price range of $11.50 to $13.50 per ADR. Goldman Sachs is the lead manager on the deal.