SK Hynix plans to pay underwriters a 0.5% base fee in ADR issuance

According to Odaily, SK Hynix is pushing forward with its U.S. ADR issuance plan, a transaction expected to rank among the largest stock offerings in global history. Based on the details of the deal negotiations, SK Hynix plans to pay participating underwriters a base underwriting fee equivalent to 0.5% of the total fundraising amount; additionally, the company may grant discretionary floating bonuses to the underwriters on top of the base fee.

Previously, SK Hynix disclosed that it plans to issue new shares totaling no more than 2.5% of the company's total share capital, but the final fundraising scale has yet to be finalized, and the total underwriting fee will vary with the size of the offering. (Bloomberg)