Mando shareholders to sell up to $366 mln shares -term sheet

Newswire

HONG KONG, Aug 19 (Reuters) - Two shareholders in South Korean car parts maker Mando Corp are planning to sell 3.38 million shares for 122,000-127,000 each, according to a term sheet seen by Reuters. At the top of the range, the sale would raise 429 billion won ($366 million). Citigroup Inc , Macquarie Group Ltd and Morgan Stanley were bookrunners for the deal, it said. (Reporting by Denny Thomas and Kennix Chim; Editing by Chris Lewis)

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