By Miho Uranaka and Sam Nussey
TOKYO (Reuters) – Bain Capital-backed chipmaker Kioxia has set a tentative price range of 1,390 to 1,520 yen ($9.22 to $10.09) per share for its initial public offering, two people familiar with the matter said .
They spoke on condition of anonymity ahead of Kioxia’s regulatory filing, which is expected on Monday.
The price range compares with an indicative price of ¥1,390 set in November and gives the Japanese flash memory chipmaker a market value of around ¥749 billion to ¥819 billion.
Kioxia is scheduled to debut on the Tokyo Stock Exchange on December 18.
($1 = 150.6800 yen)
