SEOUL, Nov. 4 (Korea Bizwire) — SK Group, South Korea’s second-largest conglomerate by assets, is set to issue its first commercial papers (CPs), indicating that even large companies are having difficulty raising funds through the issuance of corporate bonds. SK Inc., the holding company of SK Group, plans to issue three-year and five-year maturity CPs [...]
London, Dec. 16 (Korea Bizwire) - CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that on December 16th it repaid in advance the whole GBP 600 million commercial paper issued in April 2020 through the Joint HM Treasury and Bank of England’s Covid Corporate Financing Facility (CCFF). The CCFF was one of the measures designed [...]
VICTOR, N.Y., Sept. 25 (Korea Bizwire) — Constellation Brands, Inc. (NYSE:STZ) (NYSE:STZ.B) announced today that it plans to launch a commercial paper program pursuant to which it will offer and sell unsecured, unsubordinated notes, on a private placement basis, in reliance on an exemption from registration under the Securities Act of 1933, as amended (the [...]
SEOUL, Aug. 25 (Korea Bizwire) – As many large firms have been aggressively repaying their debts, bank loans to large companies dropped to a 10-month low in July. Unlike the increase in the number of bank loans to SMEs, large companies are turning to direct financing channels including bonds, commercial paper (CP) and stock issuance. According [...]