South Korea

Samsung SDI sold a W565.34bn ($457.0m) block in its sister company Samsung C&T on Thursday, taking advantage of strong demand to price the deal at the top of guidance.

Korea Resources Corp is looking to issue a dollar bond in the second quarter of the year as it needs up to $500m for overseas investments.

Export-Import Bank of Korea demonstrated its sophistication in the bond market on Wednesday with what market participants believe is the first single tranche dollar bond to be listed in both Singapore and Taiwan. Kexim’s success is set to encourage more high quality foreign issuers to follow in its footsteps.

South Korean computer and mobile game developer Netmarble has shortlisted a trio of international banks and five local firms to lead its IPO, which could raise as much as W2tr ($1.6bn).

Samsung SDI is paring its stake in sister firm Samsung C&T via an accelerated bookbuild worth up to W565.34bn ($458.23m), amid regulatory pressure on chaebols to unwind cross shareholdings.

South Korea's Doosan Bobcat, which controls US machinery maker Bobcat, has sent out a request for proposals for a domestic IPO it plans to launch this year.

Export-Import Bank of Korea (Kexim) opened books on Wednesday for a single tranche dollar bond to be dual listed in Singapore and Taiwan. While the Korean issuer has taken this approach before in offshore renminbi, sources close to the latest deal say this is the first of its kind in dollars.

Export-Import Bank of Korea (Kexim) has hired banks to run investor meetings in Europe for a potential euro bond, which would be its first syndication in the currency since 2013.

South Korea's Netmarble has shortlisted a trio of international banks and five local houses to lead its IPO, which could raise as much as W2tr ($1.6bn).

The Korea Exchange (KRX) has put together a global marketing department to work on attracting international investors and companies to the country's main board.

South Korean game developer Netmarble Games has started selecting firms to lead its potential W2tr ($1.6bn) IPO.

Samsung SDI is in the process of choosing leads to run the sale of its shares in Samsung C&T later this month, according to a source with knowledge of the deal.