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Article: NewState Capital Issued 5 Billion Won of Corporate Bonds Backing A CBO Underwritten by Bookook Securities.
- Article from:
- Business Wire
- Article date:
- February 23, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
NEW YORK--(BUSINESS WIRE)--Feb. 23, 2001
NewState Holdings, Inc. (OTCBB:NSTH) announced today that NewState Capital, its Korean operating subsidiary, has successfully issued corporate bonds in the principal amount of 5 billion Won (US$4.2 million) on February 23.
The bonds were issued with single maturity term, 2 years and have been incorporated into the underlying assets backing a 541 billion Won (US$4.51 hundred million) pooled collateralized bond obligation ("CBO") underwritten by Bookook Securities Co., Ltd.
This bond issuance has enabled NewState Capital to secure additional funds for its mortgage loan origination ...
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Article: NewState Capital Issued Its Third Mortgage-Backed ...
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... ... March 22, 2001 NewState Holdings, Inc. (OTCBB ... announced today that NewState Capital Co., Ltd ... subsidiary ("NewState Capital"), issued mortgage ... million). This is NewState Capital's third issuance ...
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