Hynix launches landmark equity offering

Korean chipmaker enters the next stage of its re-habilitation with the launch of jumbo equity offering.

Pre-marketing begins today September 26 for a roughly $2.5 billion equity offering by Korean chip manufacturer Hynix Semiconductor. The transaction is being treated like a re-IPO and has a full marketing schedule embracing two weeks of pre-marketing and two weeks of roadshows, with pricing scheduled for around October 26.

Merrill Lynch is global co-ordinator of the deal and the only bank to act as a bookrunner on both the domestic and international tranches. The split between...

To continue reading, please login or register for free

Click for more on: hynix | launches | landmark | equity | offering

Print Edition

FinanceAsia Print Edition