SEOUL, Jan. 10 (Korea Bizwire) — POSCO, South Korea’s top steelmaker, said Tuesday it has raised US$2 billion by selling debts overseas, its largest-ever overseas debt sale. The three-tranche debt comprises three-year bonds worth $700 million, five-year bonds worth $1 billion and 10-year debts valued at $300 million, according to the steelmaker. POSCO’s bond sale [...]
SEOUL, Jan. 14 (Korea Bizwire) — SK hynix Inc., South Korea’s second-largest chipmaker, on Thursday said it has raised US$2.5 billion by selling debts overseas, which includes its first-ever green note, as it eyes to use funds to bolster its presence in the memory sector. SK hynix said it sold a 10-year green bond worth [...]
SEOUL, April 28 (Korea Bizwire) — Hyundai Motor Co.’s planned 300 billion won (US$240 million) worth of corporate bond sales have received a strong market response despite the coronavirus impact on the automobile sector, financial sources said Tuesday. Hyundai will sell the debt with a maturity period of three to seven years on May 8, [...]
SEOUL, Jun. 20 (Korea Bizwire) — South Korean energy and telecom conglomerate SK Group is likely to be the top debt seller in the first half of the year, industry data showed Thursday, as it attempted to refinance maturing debts and invest in promising businesses. According to the data compiled by Infomax, the financial news [...]