The bond, which was launched and completed after the market closed yesterday, is also noteworthy because of the inclusion of no less than six joint bookrunners, of which only Credit Suisse and Woori Investment Securities were retained from the companyÆs previous CB issue last year. This time they were joined by Goldman Sachs, Korea Development Bank, Macquarie Securities and Morgan Stanley.
Having gone out with a range of 4.5% to 5%, the final annual interest payment was fixed at 4.5% which was higher than on any other convertible from Asia ex-Japan...
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