SK Hynix to conclude $28 billion ADR bookbuild amid heavy oversubscription
SK Hynix is set to close the bookbuilding process for a $28 billion American depositary receipt (ADR) offering on Wednesday U.S. time after orders covered the offering multiple times. Underwriters plan to close U.S. books at 4 p.m. Eastern Time, provide pricing guidance following the South Korean market close on Thursday, and finalise allocations l…