SK Hynix is considering paying an underwriting fee of approximately 0.5% of the total funds raised to the investment bank in its ADR issuance.
BlockBeats News, July 4th. According to Bloomberg, SK Hynix Inc. is considering paying an underwriting fee of approximately 0.5% of the total amount raised to the investment banks participating in its U.S. listing project. This transaction is expected to be one of the largest stock offerings in history.
Sources said that although SK Hynix has stated its intention to issue new shares equivalent to a maximum of 2.5% of the total share capital, the final issuance size has not been determined, which will directly determine the underwriting fee amount received by the investment banks.
In addition, SK Hynix may also pay additional discretionary rewards to the banks involved in the transaction on top of the base underwriting fee. Sources said that the current discussions are still ongoing, and the final agreement details may change.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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