Korea’s Top Arranger Says ESG Demand to Spark Deal Rebound
- KB Securities CEO sees 5-10% increase in 2021 won debt sales
- Brokerage has been the top won bond arranger for a decade
This article is for subscribers only.
South Korea’s corporate bond sales may rebound next year, fueled by a boom in socially-responsible debt, according to the brokerage that’s been the No. 1 local-note arranger for 10 years in a row.
Issuance of won-denominated company debt may rise by 5 to 10% in 2021 to reach at least 56 trillion won ($51 billion), around record levels, said Kim Sung-hyun, president and chief executive officer at KB Securities Co.