South Korea

South Korea's Incheon International Airport Corp made its debut in the dollar bond market this week, issuing a $300m green bond.

Korea Hydro & Nuclear Power, a subsidiary of Korea Electric Power Corp, has printed a $500m bond after getting five times the demand at the peak of bookbuilding.

The chairman of South Korea’s Kakao Corp has kicked off his official pledge to donate more than half of his wealth to society by raising about W500bn ($448m) from a stake sale in the messaging app on Thursday.

South Korea's Shinhan Bank became the latest Asian bank to sell a sustainability bond this month. It raised $500m from its transaction, but felt some pressure from the risk-off sentiment in the region’s credit market.

South Korean issuer Hanwha Solutions Corp debuted in offshore renminbi (CNH) on Tuesday, pricing a Rmb1bn ($153m) green bond that benefitted from a guarantee from the Asian Development Bank’s Credit Guarantee and Investment Facility.

South Korean auto company Kia Corp made its green bond debut on Monday with its first dollar deal since 2017, pricing both tranches at tight levels due to strong support from ESG-focused investors.

A South Korean state-backed insurer pared its stake in Woori Financial Group this week, selling a chunk of shares for W149.3bn ($133.2m), according to a source familiar with the matter.

Mining company Korea Resources Corp (Kores) courted dollar investors with a five year transaction this week, marking its return to the bond market after a gap of three years.

South Korea’s SK IE Technology (SKIET) has begun work for its up to W2.29tr ($2.03bn) IPO, after getting preliminary approval to list from the Korea Exchange on Tuesday.

An environmental activist institute has argued that the bookrunners of a Korea National Oil Corp $700m bond priced on Tuesday are being inconsistent with their own climate policies, and might even be taking legal risks, because of the issuer's exposure to tar sands oil production in Canada.

Korea National Oil Corp’s (KNOC) quasi-sovereign credentials helped drive demand for its $700m bond on Monday, its first international debt transaction of the year.

Natixis makes senior changes to CIB, coverage teams — BofA rejigs Korea leadership