{"id":459834,"date":"2022-01-03T09:20:01","date_gmt":"2022-01-03T03:50:01","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=459834"},"modified":"2022-01-03T09:48:50","modified_gmt":"2022-01-03T04:18:50","slug":"lg-energy-solution-targets-10-8-billion-in-s-koreas-biggest-ever-ipo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lg-energy-solution-targets-10-8-billion-in-s-koreas-biggest-ever-ipo\/","title":{"rendered":"LG Energy Solution targets $10.8 billion in S Korea&#8217;s biggest-ever IPO"},"content":{"rendered":"<p>Korean battery maker LG Energy Solution has opened the books to investors to raise up to $10.8 billion in the country&#8217;s largest ever initial public offering (IPO), according to a term sheet seen by Reuters.<\/p>\n<p>The shares will be sold in a price range of 257,000 won to 300,000 won ($216.19-$252.36) apiece to raise between $9.2 billion and $10.8 billion, the term sheet showed. <\/p>\n<p>It will be the largest IPO in South Korea to date, beating the previous record held by Samsung Life Insurance&#8217;s 4.9 trillion won ($4.12 billion) IPO in 2010.<\/p>\n<p>LG Energy Solution will be valued at $51 billion to $59 billion. <\/p>\n<p>The company did not provide any further comment when contacted by Reuters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Korean battery maker LG Energy Solution has opened the books to investors to raise up to $10.8 billion in the country&#8217;s largest ever initial public offering (IPO), according to a term sheet seen by Reuters. The shares will be sold in a price range of 257,000 won to 300,000 won ($216.19-$252.36) apiece to raise between $9.2 billion and $10.8 billion, the term sheet showed. It will be the largest IPO in South Korea to date, beating the previous record held by Samsung Life Insurance&#8217;s 4.9 trillion won ($4.12 billion) IPO in 2010. LG Energy Solution will be valued at $51 [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-459834","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/459834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=459834"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/459834\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=459834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=459834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=459834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}