April 24, 2017 / 6:39 AM / 5 months ago

S.Korea ING Life prices IPO near lower end of range

SEOUL, April 24 (Reuters) - Private equity-owned ING Life Insurance Korea said on Monday it priced its initial pubic offering (IPO) near the lower end of an indicative range to raise a total of 1.1 trillion won ($973.54 million).

It priced the IPO at 33,000 won per share, compared with an indicative range of 31,500 won to 40,000 won per share, ING Life said in a filing. ($1 = 1,129.9000 won) (Reporting by Joyce Lee; Editing by Christopher Cushing)

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