Bain proposes Japan's Kioxia IPO to clear $5.8 billion loan refinance

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.

Original article here

Leave a Reply

Your email address will not be published. Required fields are marked *