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Ssangyong Motor to sell 200 mln euro conv bonds

SEOUL, June 20 (Reuters) - Ssangyong Motor Co. , a South Korean carmaker owned by China's SAIC Motor Corp., said on Wednesday it would sell convertible bonds worth up to 200 million euro ($269 million) to secure funds for facility investment.

Ssangyong, which mostly makes sports utility vehicles, said in a filing to the Korea Exchange that it would offer the bonds in foreign markets in Asia and Europe, but did not elaborate. ($1=.7446 Euro)