The block, which was arranged by Morgan Stanley, was priced late on Monday.
Hyundai Engineering's nine creditors, of which KEB is the main one, is looking to sell close to 51% of Hyundai Engineering through a competitive bidding process. People familiar with the sale say the sellers are ready to invite bids - however, they are waiting for annuncement of the preferred bidder for a controlling stake in fellow construction company Daewoo Engineering and Construction Co....
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