Hynix surprises skeptics
Article Abstract:
Hynix Semiconductor Inc. has raised more than $1 billion, mainly from global depository receipts (GDRs), and rescheduled $4.4 billion in debt in order to survive. Analysts claim that although the company may be able to fight its way out of debt, falling chip prices may undercut profits, and low capital investments may keep the company from becoming competitive for a long time.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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Hynix Semiconductor faces potential 'event of default.'(repayment of loan from Societe Generale)
Article Abstract:
Societe Generale S.A. is demanding that Hynix Semiconductor Inc. to repay a $46 million (50.4 million euros) loan. The loan was granted by a syndicate led by Societe Generale.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Hynix creditors seek debt-for-equity swap
Article Abstract:
Hynix Semiconductor Inc.'s creditors are planning to convert some of the company's debt into equity. The creditors are planning to convert between two trillion won and three trillion won (1.71 billion euros and 2.57 billion euros).
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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