Doosan Infracore Co., South Korea's top construction equipment maker, said Friday that it plans to sell 500 billion won ($447 million) worth of debt with warrants to refinance maturing debt.
In a regulatory filing, Doosan Infracore said the holders of BWs will be able to buy Doosan Infracore at a predetermined 9,090 won per share.
The proceeds from the debt sale will be used to refinance part of 230 billion won in debt that mature in July, it said. (Yonhap)
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