Ssangyong ups bond offering to 160 mln euros

Newswire

SEOUL, June 21 (Reuters) - Ssangyong Motor Co. , a South Korean sport utility vehicle maker, sold 160 million euros ($214 million) in convertible bonds, more than initially offered, due to strong investor demand, the issue lead manager said on Thursday. Ssangyong on Wednesday offered 125 million euros of bonds convertible into its shares, Barclays Capital said. "The maker of cars, SUVs and MPVs raised the offer size from 125 million euros after more than 100 investors placed orders for ...

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