Previous close | 13.50 |
Open | 0.00 |
Bid | 13.50 x 111300 |
Ask | 0.00 x 111300 |
Day's range | 13.50 - 13.50 |
52-week range | 13.50 - 21.00 |
Volume | |
Avg. volume | 530 |
Market cap | 8.889B |
Beta (5Y monthly) | 1.28 |
PE ratio (TTM) | 17.53 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.28 (1.63%) |
Ex-dividend date | 29 Dec 2022 |
1y target est | N/A |
SYDNEY (Reuters) -South Korea's LG Electronics has raised $800 million through a dollar bond deal, according to a term sheet reviewed by Reuters. A 3-year bond raised $500 million and a 5-year sustainable bond $300 million, the term sheet showed. LG Electronics confirmed the transaction and said it was the first public foreign bond market deal the company had carried out in 12 years.
Mark Zuckerberg is hoping a deeper relationship with LG Electronics can help stave off Apple’s competition in virtual-reality headsets.
Meta CEO Mark Zuckerberg is still backing his Metaverse bet will pay off and that he can stave off Apple’s threat in the world of virtual-reality hardware. He’s hoping a deeper relationship with South Korea’s LG Electronics will help with both goals.