South Korea
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Yihai International Holding has priced its IPO towards the top end of guidance, raising HK$858.0m ($110.6m). -
South Korea’s GS Engineering & Construction Corp has raised $150m with its first dollar convertible bond in over two years.
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South Korea’s GS Engineering & Construction Corp has launched a $150m convertible bond, it’s second equity-linked trade this year.
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Two South Korean banks, Woori and Busan, are preparing for investor meetings next week as they both line up bond issues.
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South Korea’s Woori Bank is set to meet investors for its second dollar-denominated Basel III additional tier one bond.
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South Korea’s Busan Bank is getting ready to meet investors next week before it ventures out to the offshore bond market in mid-July.
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Global construction equipment maker Doosan Bobcat has asked for the go ahead to launch its South Korean IPO, according to a statement from the Korea Exchange.
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South Korea has amended regulations to adopt perpetual maturities for additional tier one bonds, in line with a request from the Bank for International Settlements.
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Two Hyundai-related units cleared out of their holdings in Hyundai Motor Co for W226.14bn ($192.9m) on Wednesday, in an accelerated bookbuild that priced close to the bottom of guidance.
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South Korea’s Small & Medium Business Corp (SBC) is looking to make an appearance in the offshore bond market for the first time in a decade.
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Two vendors within the Hyundai group of companies are looking to exit their holdings in Hyundai Motor Co via a W230bn ($195m) overnight block trade.
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HSBC and Bank of China were among the first banks to act as market makers for the newly established direct trading of the Korean won and the RMB this week, just as a first batch of offshore-based banks got approval from Chinese authorities to access the onshore currency markets.
