TITLE

Merger talks slow between Korean semiconductor companies

AUTHOR(S)
Mooney, Elizabeth V.
PUB. DATE
January 1999
SOURCE
RCR;01/11/99, Vol. 18 Issue 2, p31
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Announces the possible downgrade of South Korea-based Hyundai Semiconductor America's $400 million debt by Moody's Investors Service, after merger talks with LG Semicon Co. Ltd. failed to conclude before the December 25, 1998 deadline. Speculative rating carried by the affected senior secured notes; Background information about the two companies.
ACCESSION #
1465529

 

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