South Korea

Hotel Lotte Co is aiming to raise as much as W5.7tr ($4.8bn) from its South Korean IPO and is due to start pre-marketing on Friday.

International bond issuance from South Korea looks set to resume with Export-Import Bank of Korea back in the market for its third dollar fundraising of the year.

Japan’s Nippon Steel & Sumitomo Metal Corp (NSSMC) is planning to sell more than a third of its shareholding in South Korean steelmaker Posco.

South Korea’s Hotel Lotte Co, which is planning a $3bn-$5bn listing, could start bookbuilding on Friday, according to a source close to the deal.

The Export-Import Bank of Korea (Kexim) is working on its debut Panda bond and has mandated two banks on the deal. However the trade still has to overcome a number of barriers including the ongoing issues around accounting, two sources have told GlobalRMB.

Export-Import Bank of Korea is getting ready to make a comeback, having issued a request for proposals this week.

South Korea’s stock exchange is planning to push companies listed on its boards to offer more of their disclosures in English alongside Korean to satisfy global investors.

The Depository Trust & Clearing Corporation is teaming up with Korea Exchange (KRX) to build a trade repository solution in Korea.

South Korea’s Kookmin Bank is getting ready to bring out a new $500m senior bond to the international debt market, picking four banks to work on the offering.

Samsung Biologics, which sent out a request for proposals for its South Korean IPO on April 29, is understood to have invited nine domestic and six international firms to submit bids.

The Korea Exchange (KRX) has set its sights on Uzbekistan, as the Asian regulator takes another step forward in its plan to draw overseas companies to list on its markets.

Yongpyong Resort Corp is looking to raise as much as W153.8bn ($135m) from a public listing of 16.7m shares, according to a filing with the Korea Exchange on Monday.