The Korea Herald

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Pan Ocean to issue stocks for debt-equity swap

By 황유미

Published : June 29, 2016 - 08:10

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[DISCLOSURE] Pan Ocean (028670) announced on June 28 that it has decided on a capital increase with third party allotment, and will offer 687,394 shares to its creditors at 12,500 won (US$10.70) each.