Jin Air shares open down 9.9 pct in market debut

Jin Air Co

08/12/2017 24:00

SEOUL, Dec 8 (Reuters) - Shares of South Korean low-cost 
carrier Jin Air Co Ltd  272450.KS  opened 9.9 percent below 
their initial public offering price in their stock market debut 
on Friday. 
    The shares opened at 28,650 won ($26.20) each, versus its 
IPO price of 31,800 won per share. 
    The affiliate of South Korea's top carrier Korean Air priced 
the IPO of its 12 million shares including 3 million new shares 
at the top of its indicative range, raising about 381.6 billion 
won.  urn:newsml:reuters.com:*:nL3N1NY1CW 
      
 
 
($1 = 1,093.4000 won) 
 
 (Reporting by Dahee Kim and Hyunjoo Jin; Editing by Stephen 
Coates) 
 ((hyunjoo.jin@thomsonreuters.com; 82-2-3704-5685; Reuters 
Messaging: hyunjoo.jin.thomsonreuters.com@reuters.net)) 
 
Keywords: JIN AIR LISTING/