Search results for bookbuilding
Finance
Brokerage bonds draw strong demand, topping 4 trillion won on results improvement and rate appeal
Institutional money is flowing into South Korean securities firms’ corporate bonds despite rising market rates, supported by improved earnings and the appeal of higher interest income. Daishin Securities, Hana Securities and DB Financial Investment drew 4.265 trillion won of orders for 600 billion won of issuance, about 7.1 times. Pricing came in below bond valuation benchmarks. Analysts cite better brokerage results, reduced non-financial corporate bond supply and demand buildup.
Finance
Shinhan Bank issues 600 million euro green covered bond, draws 3.8 times target orders
Shinhan Bank issued a 600 million euro green covered bond after demand from European investors led it to raise the deal size above its initial target. The 3.5-year bond was priced at mid-swaps plus 19 basis points, with an annual coupon of 3.4116 percent. It drew 1.9 billion euros of orders, about 3.8 times the initial 500 million euro target. Moody\'s and Fitch rated the bond Aaa and AAA.
Finance
IPO market stirs as duplicate listing ban takes effect, investor sentiment still weak
More than a month after South Korea began enforcing guidelines that ban duplicate listings in principle while allowing exceptions, some long-delayed listing reviews have resumed and IPO supply in September is expected to increase. Investor appetite for IPOs remains weak, with most newly listed firms in August trading below their offer prices. New rules impose duties on parent boards and require subsidiary independence, while market watchers cite softer demand in bookbuilding and subscriptions.
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Finance
DB Securities corporate bond bookbuilding draws 660 billion won of orders for 150 billion won offer
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Industry
SK hynix set to raise up to 43 trillion won from Nasdaq ADR listing
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Industry
China\'s top DRAM maker CXMT launches $4.3 billion Shanghai IPO, test for AI memory push
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Crypto
SK Hynix tokenisation in focus ahead of ADR Nasdaq listing
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Finance
SK Hynix to list Nasdaq ADR on July 10, raise 32.7 billion won
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Industry
Chaevi targets operating profit in 2027, outlines growth strategy ahead of Kosdaq listing
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Finance
Shinhan Bank issues $600 million in global senior foreign-currency bonds
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Industry
SK Hynix begins process for U.S. stock market listing, aims to complete this year
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Finance
Hanpass posts 1,673.04-to-1 ratio in retail IPO subscription
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Finance
Hanpass sets IPO price at top end of range at 19,000 won after strong bookbuilding
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Finance
Shinhan Financial succeeds in hybrid capital bond bookbuilding amid rising market volatility
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Finance
Hanpass seeks first overseas remittances IPO amid Middle East uncertainty
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Finance
K Bank to start trading on March 5 as investors eye KOSPI rally
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Finance
K Bank to list on KOSPI in March to expand from SMEs to digital assets
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Industry
Dukyang Energen sets IPO price at top of range at 10,000 won