SK Hynix Names Bank of America, Citigroup, Goldman Sachs, JPMorgan as IPO Underwriters

According to BlockBeats reporting on a filing submitted to the U.S. Securities and Exchange Commission on June 24, SK Hynix has appointed Bank of America, Citigroup, Goldman Sachs, and JPMorgan Chase as underwriters for its initial public offering. The South Korean memory chip manufacturer plans to raise up to 450 trillion won (approximately $29 billion) through the issuance of American Depositary Receipts (ADRs) on the New York Stock Exchange, with the transaction expected to commence in July.
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