Mirae brings Korean brokerages into offshore bonds

By Addison Gong
01 Nov 2018

Mirae Asset Daewoo Co became the first securities firm from South Korea to tap the international bond market this week, when it issued $300m on Wednesday.

Mirae was in a perfect position to open up the sector, as it is the country’s largest brokerage in terms of assets, and has been the most aggressive among its peers in expanding overseas. Its first half overseas profit, according to local media, was three times what 14 ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial