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Halla Engineering Said to Plan 150 Billion Won Bond Sale

Dec. 24 (Bloomberg) -- Halla Engineering & Construction Corp., a South Korean engineering company, plans to sell about 150 billion won of bonds, according to a person familiar with the matter.

The company may pay a 5.9 percent coupon for the two-year notes, said the person, who asked not to be named before a public announcement. Proceeds will be used to repay maturing debt, according to the person.

To contact the reporter on this story: Jungmin Hong in Seoul at jhong47@bloomberg.net

To contact the editor responsible for this story: Tom Kohn at tkohn@bloomberg.net

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