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K-Pop group BTS’ label Big Hit Entertainment prices IPO at top of range – Reuters

By Reuters Staff
FILE PHOTO: Band BTS performs during the 2020 MTV VMAs in this screen grab image made available on August 30, 2020. VIACOM/Handout via REUTERS /File Photo
SEOUL (Reuters) – Big Hit Entertainment, the management label of hugely popular South Korean K-Pop group BTS, priced its upcoming initial public offering (IPO) at 135,000 won ($114.99) per share, it said in a regulatory filing on Monday.
The pricing is at the top of an indicative price range of 105,000-135,000 won per share that Big Hit announced earlier this month. It is expected to list on the KOSPI in October.
($1 = 1,174.0300 won)read more

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