(Bloomberg) -- Kia Motors Corp., South Korea's
second-largest automaker, shelved a planned dollar-denominated
bond sale, citing volatility in global debt markets, according to
an e-mail sent to investors.
The Seoul-based company had sought to sell at least $500
million of five-year bonds, according to an e-mail last week. It
hired Credit Suisse Group, JPMorgan Chase & Co., Korea
Development Bank and UBS AG to manage the sale.
Read more at Bloomberg Bonds News
second-largest automaker, shelved a planned dollar-denominated
bond sale, citing volatility in global debt markets, according to
an e-mail sent to investors.
The Seoul-based company had sought to sell at least $500
million of five-year bonds, according to an e-mail last week. It
hired Credit Suisse Group, JPMorgan Chase & Co., Korea
Development Bank and UBS AG to manage the sale.
Read more at Bloomberg Bonds News
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