Coming one day after Hynix Semiconductor completed a heavily oversubscribed $1.5 billion share sale, the deal was no doubt timed to take advantage of the current positive momentum in the sector. However, CB specialists say the bond was definitely priced to make it attractive in its own right.
There was no information on oversubscription levels for this deal last night, but market participants say the fact that both tranches were priced...
¬ Haymarket Media Limited. All rights reserved.
