Hyosung Chemical Issues New Capital Securities Worth 70 Billion KRW
Hyosung Chemical announced on the 28th that it will issue the first tranche of domestic registered unsecured bonds with detachable warrants (bond-type hybrid capital securities) worth 70 billion KRW. The purpose of the fund raising is debt repayment. The coupon rate is 8.3%, and the maturity date is August 29, 2053, 30 years later.
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