Hynix launches capital markets re-capitalization

In what should mark a key turning point in the re-shaping of corporate Korea, Hynix has launched its make-or-break re-capitalization.
A research blackout was imposed at midnight on Tuesday, with formal roadshows for an $800 million GDR and $350 million high yield bond scheduled to begin in Korea on Monday May 21, for pricing the week beginning June 11. Salomon Smith Barney is lead manager of what represents the most ambitious re-capitalization Asia's public markets have seen to date and the largest corporate restructuring in Korean history. 

Since the beginning of the Asian financial crisis, Salomon has successively stamped its name as the most successful lead manager in the re-capitalization of Asia inc with highly acclaimed deals for Siam Commercial Bank SCB in Thailand and Neptune Orient Lines NOL in Singapore. Should...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222