Korean infrastructure fund prices IPO at low end

International investors get 77% of $968 million offering.

Macquarie Korea Infrastructure Fund has priced its initial public offering towards the low end of the range at W7,000 per share, allowing it to raise a total of W942 billion $968 million ahead of the trading debut in London and Seoul on March 14 and 15.

MKIF is the first ever infrastructure fund to list in Korea and could still become the second Korean company this year to raise more than $1 billion in the primary equity market after Lotte...

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