By KEN SWEET - AP Business Writer

NEW YORK (AP) — The Swedish buy-now-pay-later company Klarna made its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year.

Klarna sold 34.3 million shares to investors at $40 a share late Tuesday. That's above the forecasted range of $35 to $37 a share and values the company at more than $15 billion. The stock is expected to start trading once the NYSE is able to initiate the first batch of trades.

The amount of money raised in Klarna's IPO, approximately $1.37 billion, is the largest IPO this year, according to Renaissance Capital. That's notable because 2025 has been one of the busier years for companies going public.

Other IPOs this year include the design s

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