Korea Investment manages Vista Land $50 mn global bond issuance

Quick Summary:

Korea Investment & Securities Co.announced on Thursday that its Hong Kong subsidiary KIS Asia managed the issuance of $50 million in global bonds for Vista Land & Lifescapes, Inc., the largest real estate developer in the Philippines.

This is the first instance of a Korean securities firm managing the issuance of global bonds for a local company in the Philippines," an official from Korea Investment & Securities said.

Previously, on July 22, Korea Investment & Securities also managed the issuance of $300 million in dollar-denominated bonds for Vista Land".

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Category: Economy

Markets: South KoreaHong KongIndiaIndonesiaMongoliaPhilippinesSingaporeVietnam

Topics: Bonds Issuance Asia Global Kong Investment Managed Million Korea Securities Hong

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-01 @ 17:37:20 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 175 words

Reading Time: 1 minutes read

Sentences: 14 lines

Sentence Length: 13 words per sentence (average)

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Copyright Owner: © Korea Economic Daily

News ID: 21883869

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