Korean firms rush to issue bonds ahead of presidential election

Korean firms rush to issue bonds ahead of presidential election

South Korean companies are flocking to the corporate bond market ahead of the country’s presidential election early next month, seeking to loc...

Hanwha bond bookbuilding 10 times oversubscribed

Hanwha bond bookbuilding 10 times oversubscribed

Hanwha Corp., the parent company of Hanwha Group, announced on Thursday that it had received orders totaling 1.49 trillion won ($1.14 billion) in it...

LB Investment draws record demand in IPO bookbuild

LB Investment draws record demand in IPO bookbuild

LB Investment Inc., formerly known as LG Group’s venture capital arm, has attracted the most orders ever for an initial public offering of a S...

NongHyup Life to issue $493 mn in subordinated bonds

NongHyup Life to issue $493 mn in subordinated bonds

NongHyup Life Insurance Co. of South Korea is slated to issue 10-year-maturity subordinated bonds worth 600 billion won ($492.6 million) on March 31...

Biotech startup Voronoi withdraws IPO plans

Biotech startup Voronoi withdraws IPO plans

South Korea’s biotechnology startup Voronoi Inc. scrapped its plan to go public this month. The new drug developer announced Wednesday it...

Hyundai Engineering drops IPO plan on stock market weakness

Hyundai Engineering drops IPO plan on stock market weakness

Hyundai Engineering Co., the plant engineering and construction unit of South Korea’s Hyundai Motor Group, dropped a listing plan to raise up ...

Korea’s biotech startup Voronoi to go public in March

Korea’s biotech startup Voronoi to go public in March

South Korea’s biotechnology startup Voronoi Inc. plans an initial public offering in March to raise up to 130 billion won ($108.4 million).Vor...

K-pop fan engagement platform DearU begins process for Nov IPO

K-pop fan engagement platform DearU begins process for Nov IPO

How much will you pay to chat with your favorite K-pop groups such as TWICE every day? A South Korean startup generated 20 billion won ($16.9 millio...

Korean firms scramble for bond sales on further rate hike views

Korean firms scramble for bond sales on further rate hike views

South Korean companies rushed to issues bonds as the Bank of Korea is expected to raise interest rates further, ramping up financing costs. Some war...

KOMIPO raises $300 mn in dollar bonds at lower-than-expected cost

KOMIPO raises $300 mn in dollar bonds at lower-than-expected cost

Korea Midland Power Co. (KOMIPO) raised $300 million in a dollar corporate bond at a lower interest rate than planned on strong demand among foreign...

Krafton sets IPO price at top end despite soft institutional demand

Krafton sets IPO price at top end despite soft institutional demand

South Korean game developer Krafton Inc. set the initial public offering (IPO) price at the top end of the proposed band even as the largest domesti...

HK inno.N’s IPO price set at top end with record demand for Kosdaq listing

HK inno.N’s IPO price set at top end with record demand for Kosdaq listing

HK inno.N Corp. (inno.N), a pharmaceuticals unit of South Korea's Kolmar Korea, set the initial public offering price at the top end of the proposed...

SK IE Technology’s IPO price set at top end; record demand at bookbuilding

SK IE Technology’s IPO price set at top end; record demand at bookbuilding

The initial public offering price of South Korea’s SK IE Technology Co. has been set at the top end of the proposed band, reflecting a recor...

SK Bioscience attracts NPS, GIC in successful bookbuilding

SK Bioscience attracts NPS, GIC in successful bookbuilding

South Korea-based SK Bioscience Co. has successfully concluded the bookbuilding for its initial public offering, attracting institutional investors ...

Korean fried chicken brand draws over 1,000 investors in bookbuilding

Korean fried chicken brand draws over 1,000 investors in bookbuilding

Kyochon F&B, South Korea’s No. 1 fried chicken franchise operator, wrapped up a successful bookbuilding for institutional investors with bid...

BTS label Big Hit’s caginess upsets investors ahead of IPO bookbuilding

BTS label Big Hit’s caginess upsets investors ahead of IPO bookbuilding

Big Hit Entertainment Co., home to the seven-member boy band BTS, is set to hold its first official IPO-related conference for South Korean institutio...

Kakao Games bookbuilding draws record-high demand

Kakao Games bookbuilding draws record-high demand

Kakao Games Corp. posted record-high demand during its bookbuilding for institutional investors on August 25 and 26, according to the company's regula...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared