Bain proposes IPO of Japan's Kioxia to clear way for $5.8 billion loan refinance, source says

TOKYO (Reuters) – Bain Capital has proposed an initial public offering (IPO) of Japan’s Kioxia Holdings as part of a plan to allow the money-losing chipmaker to refinance a $5.8 billion loan coming due in June, according to a person familiar with the matter.

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