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Hyundai Logistics to raise 40b won by selling bonds

Record online purchases bolster express delivery market, allowing it to halve borrowing costs
Friday, April 10, 2015 - 05:50


HYUNDAI Logistics Co, rated junk six months ago, is set to almost halve borrowing costs this week as it helps deliver record online purchases by South Koreans.

The nation's third-largest delivery service company plans to raise 40 billion won (S$49.6 million) selling two and

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