South Korea's SK Hynix raises $1.5b in dollar bond deal

South Korea's SK Hynix raises $1.5b in dollar bond deal

FILE PHOTO: Employees walk past the logo of SK Hynix at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong-Ji/File Photo

South Korea’s SK Hynix raised $1.5 billion in a two-tranche dollar bond deal, according to a term sheet, with strong demand from investors leading to tighter pricing.