Swedish fintech firm Klarna’s long-awaited public listing is expected to raise up to $1.27 billion, with big stakeholders putting forward the majority of shares on offer.
Klarna plans to offer 34,311,274 ordinary shares priced between $35 and $37 each. The offering will value the company at up to $14 billion, according to CNBC calculations.
The company will list its shares on the New York Stock Exchange under the symbol “KLAR.”