The Korea Herald

피터빈트

Kia Motors acquires W500b MMT from HMC Investment Securities

By 황유미

Published : July 25, 2016 - 16:08

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[DISCLOSURE] Kia Motors (000270) has acquired money market trust worth 50 billion won (US$43.96 million) from its affiliate HMC Investment Securities, the company announced on July 25. 
The maturity date is June 12, 2017 and the interest rate will be set equal to the market interest rate.