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KORES SUSPEND KANGAROO BOND ISSUANCE AMID COVID-19

Published On 26 Feb 2020 07:01 AM


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Highlights –

  • Korea Resources Corp. suspend Kangaroo bond issuance
  • Company cancels the book-building session
  • KORES under heavy debt.

Due to hostile market conditions from global COVID-19 scare, state-run and short in cash Korea Resources Corp. (KORES) suspended their plan of offering about $198 Million (Australian dollars) in Kangaroo bonds.

The company ....


Tags : SOUTH KOREA, COVID-19, KORES, DEBT, KANGAROO BOND, ,
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