Creditors sell part of Hynix stake at 0% discount

Eight sellers, led by Korea Exchange Bank, raise $817 million from the sale of a 6.7% stake in Hynix Semiconductor after failing to exit the Korean memory-chip maker through a M&A transaction.
March 15, 2010

ProMOS extends early deadline on CB buyback

The cash-strapped DRAM maker says more than 50% of its CB holders have indicated support for the offer, but some need more time to complete the tender process.
March 03, 2009