Hanwha raises $340 million in GDR sale

The South Korean chemical and solar company will use the money raised to reduce its debt. Investors were keen to buy shares at the discount offered, particularly hedge funds.
April 24, 2014

Hanwha Chemical has raised $340 million after pricing its global depository receipts (GDRs) at a discount on Thursday morning.

¬ Haymarket Media Limited. All rights reserved.

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