Tuesday, April 3, 2007

AIG raises $1.6 bln for S.Korea building project

(Reuters) - Top local lender Kookmin Bank and second-ranked Shinhan Bank, a unit of Shinhan Financial Group , are part of the consortium, as well as unlisted Samsung Life, the country's top life insurance firm.

The remaining 500 billion won would be funded by international equity investors according to a previous agreement, a spokesman for the construction project added, declining to identify them.


Read more at Reuters.com Bonds News

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