Korea's Youngone launches $130 million GDR offering
The OEM manufacturer of garments opened the order books yesterday for what is set to be the first equity deal of size in Korea this year.
January 29, 2013
Youngone Corp, a Seoul-headquartered original equipment manufacturer (OEM) of garments, has raised $113.8 million from its debut offering of global depository receipts (GDRs), after fixing the price at a 2.7% discount to Wednesday’s close of its common shares.
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