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7 Days Group (SVN) Files $100M IPO

November 2, 2009 3:48 PM EST
SVN Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

EPS Growth %: -70.0%
7 Days Group Holdings (NYSE: SVN) filed a registration statement with the SEC for an initial public offering of its common stock. The proposed maximum aggregate offering price is $100 million. The company plans to list on the NYSE under the symbol "SVN".

The offering is being made through JPMorgan, Citi and Oppenheimer & Co.

7 Days Group Holdings is a national economy hotel chain based in China.

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