Australia's Tyro Payments fixes IPO price at top end of forecast range

Photo by Jonas Leupe on Unsplash

Australia’s Tyro Payments Ltd set the price that institutional investors will pay for its shares at A$2.75 each, as it aims to raise up to A$287 million ($195 million) in its initial public offering in Sydney.

The payment systems company said in a statement on Monday that the price would be fixed at the top of the A$2.50 to A$2.75 per share range which had previously been given to investors.

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