Hanwha Systems Decides to Acquire Convertible Bonds of US OVERAIR Corporation
[Asia Economy Reporter Minji Lee] Hanwha Systems announced on the 12th that it has decided to acquire the first tranche of convertible bonds (34.65 billion KRW) issued by the US company OVERAIR. The acquisition method is cash purchase, and the amount corresponds to 3.36% of the company's equity.
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The company stated, "We will support our business partner in attracting new investments and enhance OVERAIR's operational efficiency until the completion of the new investment attraction."
This content was produced with the assistance of AI translation services.
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