Shipbuilder Hyundai Heavy's IPO prices at top of range to raise $934 mln

  • 9/6/2021
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SEOUL, Sept 6 (Reuters) - South Korean shipbuilder Hyundai Heavy Industries said on Monday it had priced its initial public offering (IPO) at the top of its indicative range to raise 1.1 trillion won ($934 million). Hyundai Heavy Industries shares were priced at 60,000 won compared with a range of 52,000-60,000 won per share, it said in a regulatory filing. $1 = 1,156.0400 won Reporting by Joyce Lee; Editing by Christian Schmollinger Our Standards: The Thomson Reuters Trust Principles.

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