
TOKYO, March 12 (Reuters) - Japanese digital wallet provider PayPay PAYP.O, backed by SoftBank Group 9984.T, has priced its initial public offering at $16 per share, a filing from SoftBank subsidiary LY Corp showed.
PayPay initially wanted to sell shares in a range between $17 to $20 per share but sources told Reuters that it was likely to be around the low end of this range as the war in the Middle East hit markets.