SEOUL (Reuters) – 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 <.KS11> in October.
(Reporting by Joyce Lee; Editing by Christian Schmollinger)