South Korea

Korea Midland Power Co (Komipo) has mandated three banks for a dollar offering ahead of the redemption of an outstanding note due in March.

South Korea's Samsung Engineering has set the initial price for a W1.2tr ($1.0bn) rights issue, which is expected to launch by March.

Asia’s debt capital market is set for a busy start to the year with both repeat and debut issuers looking to sell dollar offerings as early as this week.

Bank of Chongqing has trimmed the size of its H-share placement to HK$3.23bn ($417.56) after several investors dropped out of the trade, almost halving the amount of shares on offer.

Moody’s has boosted South Korea's credit rating by one notch to Aa2, thanks to the country's robust credit strength and its commitment to structural reforms.

Korea Development Bank (KDB) is set to return to the dollar bond market as early as the first week of January, having issued a request for proposals.

South Korea’s stock market regulator has relaxed rules governing lock-up periods, which until now had banned certain shareholders from selling their shares for six months after an IPO. The amendments come as the Korea Exchange tries to make the listing process easier and encourage more floats on its bourse.

After a subdued year, Korean borrowers are gearing up for a busy 2016 buoyed by a credit rating boost from Standard & Poor’s, which made the country fully double A for the first time in its history. But will issuers be able to capture the lower yields they crave in the face of mounting global macro-economic pressures? Narae Kim finds out.

Korea Western Power (Kowepo) is set to make a comeback to the dollar bond market as early as April next year, to raise funds for refinancing and new investment.

The South Korean government became the first sovereign credit to price a Panda bond on December 15. The country raised Rmb3bn ($467m) from the three year, which saw at least one offshore investor participating, sources close to the deal told GlobalCapital Asia’s sister publication, GlobalRMB.

South Korea’s stock exchange regulator has amended rules for listing on the country’s main board, in an effort to make the process easier and encourage more IPOs on the bourse.

South Korean construction firm SK Engineering & Construction Co has signed a $100m loan for general corporate purposes from three Middle Eastern banks.