한국조선해양과 현대중공업이 사명을 변경한다. (사진=현대중공업)

 

[Alpha Biz=(Chicago) Reporter Paul Lee] HD Hyundai Heavy Industries initially decided to increase its corporate bonds to 200 billion won after trying to issue 100 billion won. 

 

In most cases, it is to pay steel and labor costs that currently need to be injected due to the contract structure in which construction costs are paid only after two to three years, and the entire amount of procurement is spent on building ships.

HD Hyundai Heavy Industries announced on the 6th that it has confirmed the issuance of corporate bonds worth 200 billion won. Initially, the government sought to raise 100 billion won, but decided to issue 100 billion won more due to growing demand from institutional investors. 

 

HD Hyundai Heavy Industries plans to spend all 200 billion won to build four liquefied natural gas (LNG) carriers.

Since 2021, shipbuilders have been building up orders with a large number of new orders centered on LNG carriers. As of the end of February, there are 152 remaining orders. The number of LNG carriers amounts to 52.

 

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