Korean Companies Facing Debt Wall Turn to Dollar Bond Market
This article is for subscribers only.
Bond investors are readying for a slew of South Korean deals as companies from Asia’s fourth-biggest economy face the most maturing dollar notes since 1999.
Korea Land & Housing Corp. and Woori Bank Co., a unit of the country’s biggest financial group by assets, are finishing investor-update meetings today ahead of possible U.S. currency note sales next week, people familiar with the matters said. Korea Resources Corp., a state-run minerals explorer, began meeting fund managers in Asia and Europe yesterday.