SoftBank's PayPay IPO is likely to price around the low end of its marketing range, according to two sources. Middle‑East tensions have roiled markets, weakening demand and increasing the risk of a smaller-than-expected capital raise for SoftBank while cooling near-term appetite for other IPOs.
SoftBank's PayPay IPO is likely to price around the low end of its marketing range, according to two sources. Middle‑East tensions have roiled markets, weakening demand and increasing the risk of a smaller-than-expected capital raise for SoftBank while cooling near-term appetite for other IPOs.
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mildly negative
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