KIC allots $200 million for Chesapeake
South Korean SWF the Korea Investment Corporation (KIC) has said that it will invest $200 million as part of its participation in the $900 million stock issue by heavily indebted US natural gas and energy company Chesapeake Energy.
Fellow Asian SWFs China Investment Corporation (CIC) and Temasek Holdings, as well as and multi-strategy regional firm Hopu Investment Management, are also expected to join in the fundraising, for undisclosed...
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