S.Korea's Kakao Pay prices IPO at top of range to raise $1.3 bln

  • 10/22/2021
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SEOUL, Oct 22 (Reuters) - South Korea’s Kakao Pay Corp has priced its initial public offering (IPO) at the top of its indicative range to raise 1.5 trillion won ($1.28 billion), the fintech company said on Friday. Kakao Pay shares were priced at 90,000 won per share after an indicative range of 60,000-90,000 won, the company said in a regulatory filing. $1 = 1,174.2200 won Reporting by Heekyong Yang; editing by Jason Neely

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