‘Fire and fury’ rhetoric does not hold back Korean issuers

Morgan Davis

August 17, 2017 11:15 am

Trump_PA_230x150 — US President Donald J. Trump (L) listens as Secretary of Treasury Steven Mnuchin delivers remarks in the US Treasury Department building in Washington, DC, USA, 21 April 2017. President Trump is making his first visit to the Treasury Department for a memorandum signing ceremony with Secretary Mnuchin. Credit: Shawn Thew / Pool via CNP - NO WIRE SERVICE - Photo: Shawn Thew/Consolidated News Photos/Shawn Thew - Pool via CNP | Shawn Thew/DPA/PA Images

US President Donald Trump’s unexpected threat against North Korean leader Kim Jong-un last week alarmed investors, pushing down South Korean offshore bonds. But Korean issuers this week shrugged off concerns of a long-term problem and are already making plans to return to the market. Morgan Davis reports.

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Topics

Corporate Bonds South Korea Bank Capital Asia Northeast Asia Asia Pacific Emerging Markets FIG

MD

Morgan Davis

Deputy editor GlobalCapital Asia