SoftBank sets indicative IPO price at 1,500 yen, unchanged from initial estimate

This post was originally published on this site

SoftBank chalked up another first in Japan on Friday, setting a single indicative price of 1,500 yen for its telco IPO rather than the usual range, pegging the share sale at 2.4 trillion yen ($21.16 billion) in the country’s biggest-ever listing.