Hanwha to issue bonds for 100 billion won

[THE INVESTOR] Hanwha is looking to raise 100 billion won (US$ 85 million) with new corporate bonds that will be issued on July 5. Hanwha had issued bonds worth the same amount in February.

The sale will be overseen by Korea Investment and Securities.

The company said that the move is in preparation for 150 billion won bonds that mature in October.

By Choi He-suk (cheesuk@heraldcorp.com)