The Korea Herald

피터빈트

Hansol Chemical to offer collateral for affiliate’s W59b loan

By 정민경

Published : Aug. 31, 2016 - 10:47

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[DISCLOSURE] Hansol Chemical (014680) said on Aug. 30 that it has decided to offer collateral worth 35.4 billion won (US$31.6 million) to Shinhan Investment and three others, for its affiliate, Tapex’s 59 billion won loan.

The institutions will receive pledges on Tapex’s 2,137,000 shares from its merger with HT Investment Purpose. The offer period is from Aug. 31 to May 30, 2021.

By Jung Min-kyung (mkj1105@heraldcorp.com)