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Korea’s Pan Ocean to price KRW 50 billion three-year bonds at par
By Marisa Wong
Los Angeles, June 15 – Pan Ocean Co., Ltd. plans to price KRW 50 million of three-year public straight bonds in Korea, according to a company announcement.
The interest rate will be set after the bookbuilding process. The issue price will be par.
The issuance date is expected to be June 25.
Proceeds will be used for facility investment and refinancing.
Pan Ocean is a Seoul, South Korea-based marine shipping company.
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