Hyundai Heavy Industries

We are pleased to announce the winners of our regional deal awards for 2015.

As the first major block trade in Asia, the deal sends a positive message about investor appetite to other potential sellers, although investors are expected to stay selective as the market environment remains uncertain.

The Korean company raises $200 million from the upsized deal, five months after buying back bonds exchangeable into the same target.

Korea's largest equity-linked deal this year can be exchanged into shares of KCC, Hyundai Heavy Industries and Hyundai Merchant Marine.

Surprise placement by ex-Hyundai Motor affiliate, Hyundai Heavy Industries.