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Published on 3/16/2012 in the Prospect News Emerging Markets Daily.

Korea's Posco proposes up to KRW 2 trillion of bonds with warrants

By Marisa Wong

Madison, Wis., March 16 - Posco may issue up to KRW 2 trillion of bonds with warrants, according to a 6-K filed Friday with the Securities and Exchange Commission.

The issuance was approved at a general meeting of shareholders.

Posco is an integrated steel producer based in Seoul, South Korea.


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