K Bank, which operates only through digital channels, would be valued at up to 5 trillion won ($4.9 billion) based on the 375.7 million shares outstanding disclosed in a filing last month. The company plans to list on Oct 30.
Online lender K Bank Co. has filed for an initial public offering in Seoul that may raise as much as 984 billion won ($960 million), in what would be the biggest South Korean listing in almost three years.
The company seeks to sell 82 million shares, half of which are new, according to a regulatory filing Monday. K Bank is looking to sell them at 9,500 won to 12,000 won apiece.
