Korean Air to sell over 500bn won worth of shares
Korean Air Lines
Seoul - Yonhap
Korean Air Lines Co., South Korea's largest flag carrier, said Tuesday it will sell more than 500 billion won (US$455 million) worth of shares to raise money needed to repay debt.
The company's board of directors decided to sell 14,164,306 shares at 35,300 won apiece, it said in a regulatory filing.
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