SEOUL - South Korean auto parts maker Mando Corp said on Friday it had priced its initial public offering at 83,000 won per share, the middle of the indicative range, to raise 498 billion won ($437 million).

Mando, a unit of Halla Group, had offered 6 million shares in a range of 75,000 won-90,000 won apiece. (Reporting by Kim Yeon-hee and Rhee So-eui; Editing by Jonathan Hopfner) ($1=1140.9 Won)