The Industrial Bank of Korea IBK began pre-marketing yesterday Monday for a domestic and international offering that could raise up to $600 million.
The government-owned policy bank wants to transfer its listing from the Kosdaq to the main board of the Korea Stock Exchange, but to do so it needs to have a minimum freefloat of 10%. Under the terms of the forthcoming deal, the Export Import Bank of Korea Kexim and Korea Investment and Trust Company KITC...