Sinotrans to start roadshows on Thursday

The Chinese transportation and logistics company will look to sell up to $500 million of its stock, although the price range is still to be finalized.

China's national transportation and logistics company, Sinotrans, will start roadshows in Singapore on Thursday for its IPO. After four days in Europe and four in the US, the joint leads, Bank of China International and Credit Suisse First Boston plan to close books on February 7th and price on February 10th.

The deal will be a minimum of $400 million in size, but could be as large as $500 million post-greenshoe - with the company planning...

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