Friday August 17, 2:34 PM
S.Korea Kia to issue $211 mln domestic bond
SEOUL, Aug 17 (Reuters) - Kia Motors Corp. , South
Korea's No. 2 auto maker, plans to sell 200 billion won ($211.4
million) in domestic bonds, South Korea's brokerage association
said on Friday.
Kia, an affiliate of Hyundai Motor Co. will issue
the bond on Aug. 24, the Korea Securities Dealers Association
said in a statement.
In June Kia put on hold its plan to offer a five-year dollar
bond as subprime concerns started to flow into international
markets.
($1=945.9 Won)
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