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KDB reports owning HHI stake

July 21, 2016 - 12:57 By 정민경
[DISCLOSURE] The Korea Development Bank announced on July 21 that it currently owns 8,133,990 shares of Hanjin Heavy Industries (097230). The shares account for 7.2 percent of the entire stock. 

KDB added that the announcement was made on plans for debt-equity swap and convertible bonds.