(Bloomberg) -- Samsung Card Co., South Korea's
third-largest credit card issuer, plans to raise 576 billion won
($619 million) in an initial share sale to help repay debt.
The company and its owners will sell 12 million shares at
48,000 won each, more than the high end of the 40,000 won to
45,000 won range marketed to investors, Seoul-based Samsung Card
said in a regulatory filing today.
Read more at Bloomberg Emerging Markets News
third-largest credit card issuer, plans to raise 576 billion won
($619 million) in an initial share sale to help repay debt.
The company and its owners will sell 12 million shares at
48,000 won each, more than the high end of the 40,000 won to
45,000 won range marketed to investors, Seoul-based Samsung Card
said in a regulatory filing today.
Read more at Bloomberg Emerging Markets News
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