South Korean companies' direct financing dropped 10.9% to 20.14 trillion won in May, primarily due to a 15.4% fall in corporate bond sales, despite a rise in stock sales, according to the Financial Supervisory Service.
A semi-privatised corporation has successfully issued €3 billion in euro green bonds across three tranches (8, 12, and 20 years), marking the largest Asia ex-Japan non-sovereign offering of its kind. Demand exceeded expectations, with the order book reaching €10.2 billion.
South Korean companies raised 22.62 trillion won ($14.94 billion) in April through direct financing, a 13.2% increase from March, driven by a significant rise in corporate bond sales.
