GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Asia

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◆ Deal finds demand despite arrest of South Korea's president ◆ High single digit concession left for investors ◆ Leads added spread to calm concerns
South Korean policy lender kickstarts 2025 funding following a month of political chaos
Singaporean and South Korean lenders expected to be regular euro issuers
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  • The Export-Import Bank of Korea (Kexim) sold the first public 20 year dollar bond from a FIG issuer from the country this week — potentially paving the way for other borrowers to also opt for the same tenor. Morgan Davis reports.
  • Indian software services provider Coforge, previously known as NIIT Technologies, is seeking a loan to fund a dividend recapitalisation, joining a growing list of companies raising debt to pay a special dividend to shareholders.
  • ANZ has appointed Niro Somasekeran as head of corporate finance for south and southeast Asia.
  • The green dim sum bond market saw a small jump in action on Tuesday, with high yield issuer Zhenro Properties Group selling a short-dated deal and German development bank KfW reopening one of its existing notes.
  • RHB Bank enticed investors with a rare bond from Malaysia’s banking sector, drawing in more than twice the demand for a $500m deal.
  • BoCom International Holdings Co leaned on a hefty syndicate team to lock up a $500m five year bond on Tuesday.
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