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SK Hynix US Listing Said to Be Multiple Times Oversubscribed

SK Hynix US Listing Said to Be Multiple Times Oversubscribed
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SK Hynix US Listing Said to Be Multiple Times Oversubscribed SK Hynix Inc.’s $28 billion US listing is multiple times oversubscribed ahead of pricing on Thursday, according to people familiar with the matter. The South Korean memory chipmaker’s offering has drawn strong early demand from global long-only funds and technology-focused investors, the people said, asking not to be identified because the information is private.

SK Hynix US Listing Said to Be Multiple Times Oversubscribed SK Hynix Inc.’s $28 billion US listing is multiple times oversubscribed ahead of pricing on Thursday, according to people familiar with the matter. The South Korean memory chipmaker’s offering has drawn strong early demand from global long-only funds and technology-focused investors, the people said, asking not to be identified because the information is private.
SK Hynix (ORG) US (LOCATION) Said (PERSON) SK Hynix Inc.’s (ORG) South Korean (ORG)
Originally published by Bloomberg Markets Read original →