K-Pop group BTS' label Big Hit Entertainment prices IPO at top of range

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.

Reuters | Seoul | Updated: 28-09-2020 09:17 IST | Created: 28-09-2020 08:41 IST

K-Pop group BTS' label Big Hit Entertainment prices IPO at top of range — Image Credit: Facebook (@ibighit)

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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.

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