Being the first Korean IPO with an international tranche, all eyes were on this offering, but the strong demand suggests investors are already comfortable with the new structure. The international tranche, which accounted for 30% of the total deal, was more than 60 times covered with over 200 accounts in the book, according to a source close to the transaction. Domestic and international institutions combined ordered about 36 times the 60% set aside for...
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