UPDATE 1-Korea Aerospace aims to price $475 mln IPO

Newswire

* Says aims to price IPO at 14,000-16,000 won/share * Issue could be the largest IPO in 2011 * Offers 36.6 mln shares including 12 mln new shares (Adds details) SEOUL, May 31 (Reuters) - South Korea's plane maker Korea Aerospace Industries (KAI) will raise at least $475 million in what could be the biggest initial share offering in the country this year, with the indicative price range set between 14,000 won and 16,000 won per share. KAI said in a regulatory filing on Tuesday it ...

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