LG Siltron to Sell 100 Billion Won of Three-, Five-Year Bonds
By May 22, 2012
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LG Siltron Inc. plans to sell 50 billion won of three-year notes and 50 billion won of five-year bonds for general corporate purposes, according to a regulatory filing today.
The three-year securities will be priced to yield 3.75 percent while the five-year debt will be offered at 3.99 percent, the filing shows.
Woori Investment & Securities Co., KB Investment & Securities Co., Daishin Securities Co., E*Trade Securities Co. and Hana Daetoo Securities Co. are arranging the sales, according to the filing.
To contact the reporter on this story: Taejin Park in Seoul at tpark31@bloomberg.net
To contact the editor responsible for this story: Pavel Alpeyev at palpeyev@bloomberg.net