Lotte tests bid for Korea corps as Posco pitches

South Korea’s Lotte Shopping sold a $400m bond last week, giving investors a rare chance to get exposure to a Korean corporation. The country’s financial institutions are regulars in the bond market, but it has been more than five months since the last deal from a Korean company. But it will not be long before the next one — steel company Posco was planning to sell its own deal as EuroWeek Asia went to press on Thursday night.