KCC Glass Co. secured 130 billion won in orders for its 100 billion won corporate bond issuance, achieving modest oversubscription but at a premium to market rates, as the company plans to use proceeds for refinancing and raw material payments.
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#YonhapInfomax #KCCGlass #CorporateBond #Bookbuilding #Oversubscription #CreditRating #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=103604

KCC Glass Meets Corporate Bond Target in Bookbuilding, Sees Modest Oversubscription
KCC Glass Co. secured 130 billion won in orders for its 100 billion won corporate bond issuance, achieving modest oversubscription but at a premium to market rates, as the company plans to use proceeds for refinancing and raw material payments.