Issue a [South Korea gimeunji financial newspaper reporters - the first corporate bonds this year, CJ Korea Express to total 200 billion won scale. The objective is long-term goal of issuing short-term debt conversions.
According to the 18th CJ Korea Express and CJ Korea Express Financial Supervisory Service has filed a securities report for the 17th of a total of 200 billion won scale corporate bonds. Trenches recruiting divided into three-year 120 billion won, 5-year and 80 billion won each underwriter is NH Investment and Securities, Shinyoung Securities.
The company said that "long-term objective of switching short-term borrowings" for the purpose of publication. Short-term Commercial Paper Securities (CP) is a 70 billion won for this purpose and long-term conversion of the bank a total of 200 billion won, including limits for 1-year overdrafts, including 100 billion won 300 billion.
CJ Korea Express has succeeded in raising the bar issued all over booking in demand forecasting corporate bonds issued last two times. Credit rating scores as a stable 'AA-'.
CJ Korea Express was found last year sales 6.082 trillion won, operating profit of 228.4 billion won a record increase in earnings compared to 20.3%, 22.4% the previous year. Net profit increased by 39.25% over the previous year to 68.2 billion won.
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