Korean Air subsidiary debuts $300m bond

Hanjin International’s inaugural dollar floating rate note prices 20bp tighter than closest comparables as investors prep for a rising rate environment.
Hanjin International, the US-based subsidiary of Korean Air
Hanjin International, the US-based subsidiary of Korean Air
October 23, 2014

Hanjin International sold a $300 million three-year floating rate bond on Thursday, issuing it off the back of Korea Hydro’s recent offering and riding on the country’s safe haven status.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media