Tuesday, March 7, 2017

Korean Air 450 billion capital increase success



[Korea's financial standing hyomun newspaper reporter] for a capital increase of Air is in progress in order to secure financial soundness size was 450 billion won success. Korean Air has recorded a 96.42% capital increase cheongyakryul conducted by the ESOP and gujuju posted a two-day 6 to 7 seven days.

The capital increase will be conducted in such a way that the collusion occurred after silgwonju existing shareholders to 457.7 billion won to the general scale. The number of new shares issued primarily to 22.00489 million total, had an offer ESOP 5329 10 000 289 shares were held by the gujuju the warrants 10 000 1861 1687 to apply for a certificate of weeks. Shareholder, Hanjin knife and cut crystallization of aviation academy has invested 113.5 billion won, respectively, 52 billion won in the air for over a capital increase. After air equity stake in the companies that are held is 29.58%, 2.71%, respectively. 9 to 10 this month public offering for the remaining shares is 7 547 10 000 78 silgwonju progress.

Air as a result of this success is expected to devise a debt ratio of 200 percent fall. Debt-to-equity ratio of Korean Air recorded a 900 percent versus last year. With this bequest is expected to go down to 700 percent.



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