SK Hynix's US share sale aims to raise $26.5 billion at $149 per ADR, source says
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
SK Hynix is reportedly planning a US share sale, aiming to raise $26.5 billion at a price of $149 per ADR. The sale, which could be the largest foreign IPO in US history, may involve a low underwriting fee of 0.5% for banks. The company's listing plans are being watched closely, as they will test investor appetite for memory stocks amid market volatility.
Full coverage
12345678