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(Photo = Hanwha Energy) |
[Alpha Biz= Reporter Kim Sangjin] Nearly KRW 1 trillion was collected for Hanwha Energy's forecast of demand for issuing corporate bonds.
According to the financial investment industry on the 24th, Hanwha Energy conducted a demand forecast aimed at issuing public corporate bonds (120 billion won) on the 21st, and a total of 943 billion won came in.
It will be issued in two years and three years, with the initial target of 80 billion won and 40 billion won, respectively. The demand forecast attracted orders of 416 billion won for two years and 527 billion won for three years. The competition rate was 5.2 to 1 for two years and 13 to 1 for three years.
Hanwha Energy also received more than nine times the target amount in its demand forecast, which was aimed at KRW 80 billion earlier this year. The credit rating is A+, but institutional investors' investor sentiment is more popular than AA.
Hanwha Energy operates cogeneration plants in industrial complexes in Yeosu, Jeollanam-do and Gunsan, Jeollabuk-do. Recently, it has been expanding its solar energy investment business in the United States, Japan and Europe.
Alphabiz Reporter Kim SangJin(letyou@alphabiz.co.kr)
