South Korean online lender K Bank said its IPO would raise up to 570 billion won ($385.90 million) at the top of an indicative range.
In a regulatory filing, Kbank said it plans to offer 60 million shares at an indicative range of 8,300-9,500 won per share, with pricing expected to be finalised in coming weeks and a listing slated for early March.
In 2024, the company had scrapped its IPO, citing insufficient demand for the listing. At the time, the deal was expected to raise up to 984 billion won if the pricing came in at the top end of its range, which would have valued the company at up to 5 trillion won.
($1 = 1,477.0800 won)
Reuters
