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 Post subject: Creditors to inject $960 million into Hynix
PostPosted: Thu Apr 23, 2009 9:13 am 

Joined: Thu Mar 19, 2009 5:04 pm
Posts: 102
Creditors of Hynix Semiconductor Inc. (KSE:00660), agreed to pump 1.3 trillion won (US$960 million) into the ailing company in an effort to ease cash strains, said the creditor bank officials on Wednesday.

Nine creditors agreed to take measures to help Hynix with its liquidity,including a rights offering worth 700 billion won, said the Korea Exchange Bank (KEB), the main creditor of the world's second-largest chip maker.

An additional 200 billion won will also be made available for the capital expenditure as well as an extension of debt maturity, according to KEB officials. This is the second financial support since last Decemember, when 800 billion won in funding was provided.


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 Post subject: Re: Creditors to inject $960 million into Hynix
PostPosted: Wed May 15, 2019 6:09 pm 

Joined: Wed Nov 22, 2017 6:55 pm
Posts: 116
great


Last edited by aamir786 on Thu May 16, 2019 7:40 pm, edited 1 time in total.

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 Post subject: Re: Creditors to inject $960 million into Hynix
PostPosted: Thu May 16, 2019 2:43 am 

Joined: Thu May 16, 2019 2:35 am
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