The creditors of Hynix Semiconductor sold a combined 4.1% stake in the listed South Korean chip maker on 27 July, reported the Hankook Ilbo.
The report cited a spokesperson at a creditor as saying that the creditors sold a 4.1% stake to institutional investors on 27 July after market closing.
The creditors raised KRW 584bn (USD 494m) via the stake sale, a separate report in Maeil Business said, citing financial sector sources.
See here for more posts about the Hynix stake sales.
Sources: Hankook Ilbo (translated), Maeil Business (translated)
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