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Korea is on an all-out charm offensive again, but this time it might actually gain some ground.
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The steel sector may not be the most popular investment these days, but I know a fair few bondholders who will be hoping new bonds from Korea’s Posco prove the steal of the century.
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The steel sector may not be the most popular investment these days, but I know a fair few bondholders who will be hoping new bonds from Korea’s Posco prove the steal of the century.
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’ll admit I’m as pleased as anyone these days to hear of a leveraged loan reaching a successful conclusion — it’s becoming an increasingly rare sight.
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It looks as though our esteemed Korean friends are finally to use the bond guarantee offered by the government, and it’s about time too.
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Indonesia looked set to price its global dollar bond late last night as I was answering my darling Tai Tai’s call for cocoa-time. By all accounts it may well be a barn-storming deal — and with books swollen to $6.5bn by the time I lay my head on the pillow, that looked likely. But my, wasn’t this one a kerfuffle!