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[Alpha Biz=(Chicago) Reporter Kim Jisun] Hanwha canceled the issuance of KRW 250 billion worth of corporate bonds. This is due to the fact that the securities firm, which organized the issuance of corporate bonds, mistakenly entered interest rates in the securities report.
"After submitting the first securities report on the 16th of this month to issue non-guaranteed bonds, we confirmed the interest rate through a demand forecast on the 22nd, but the subscription did not proceed due to the difference from the interest rate determined by the demand forecast due to the incorrect entry of interest rates in the report on issuance terms and conditions submitted on the 25th," Hanwha said on the 26th.
Earlier, Hanwha selected Shinhan Investment & Securities, Korea Investment & Securities, and KB Securities as the representative organizers to issue corporate bonds.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
