HD Korea Shipbuilding to Raise KRW600 Billion via Exchangeable Bond Sale; Shares Rise 3%

MT Newswires Live

2025/02/26

HD Korea Shipbuilding & Offshore Engineering (KRX:009540) plans to sell 600 billion won in exchangeable bonds to fund operations, investments, and research and development, Yonhap News reported Tuesday.

The five-year bonds can be exchanged into 1.73 million shares at 346,705 won per share, the report said.

Shares of HD Korea Shipbuilding & Offshore Engineering rose over 2% in recent trade.

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