Korean Air Lines bond grounded

The Series D round values the Korean semiconductor startup at $2.9bn as it targets global commercialisation of its AI inference accelerator.

The Eurasian Development Bank and Kazakhstan’s Samruk-Kazyna have tapped the offshore Renminbi market, while Uzbekistan has struck its first sukuk listing on AIX.

Bogd Bank has increased its debut international notes to $100m, while the Development Bank of Mongolia has expanded its new bond to $750m, highlighting growing offshore investor interest in the frontier market’s financial institutions.

The dual-tranche issuance is the first Singapore dollar bond from a Vietnamese issuer and will support lending to local MSMEs.

South KoreaÆs national airline secures the tightest ever pricing with its third yen future-flow deal.

The Development Bank of Mongolia's successful international bond market return underscores a remarkable economic turnaround almost two years after the country nearly defaulted. But how much upside remains?