Korea Land ends dollar hiatus with social bond

Korea_USdollar_Adobe_24July
By Morgan Davis
28 Oct 2020

Korea Land & Housing Corp has broken a six-year absence from the dollar debt market to raise $300m from a social bond.

State-owned Korea Land sold an affordable housing bond in the Swiss franc market in June, but it is otherwise a rare issuer in the international public bond market. The firm last publicly sold a dollar bond in April 2014, taking $500m from a 1.875% 2017 note.

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