SK Hynix dollar bonds spark investor rush

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By Morgan Davis
14 Jan 2021

SK Hynix was overwhelmed with investor demand for its triple-tranche dollar deal on Wednesday. It raised $2.5bn, but non-stop demand drove the bonds nearly 20bp tighter in the secondary market on Thursday.

The South Korean company is well known globally, being the world's second largest memory chipmaker, second only to local peer Samsung.

SK Hynix, a relative rare issuer in the South Korea investment grade dollar market, is usually popular with investors. Wednesday's deal was no different, fuelled ...

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