Bain Capital Credit
Scope
Date
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Automobiles
Hyundai Motor, Kia gets A- credit rating from S&P Global
Hyundai Motor Co. and Kia Corp. said on Thursday that S&P Global upgraded their credit ratings from BBB+ to A-, with a Stable outlook for both c...
Aug 22, 2024 (Gmt+09:00)
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Banking & Finance
Korea opens probe into Woori's loans to ex-chair's relatives
South Korea’s financial watchdog agency said on Sunday it has found that Woori Financial Group, the country's fourth-largest financial holding...
Aug 11, 2024 (Gmt+09:00)
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E-commerce
Korean e-commerce platforms struggle to draw new capital
South Korean online marketplace operators are struggling to attract investors amid deteriorating profitability and the financial turmoil facing dome...
Aug 05, 2024 (Gmt+09:00)
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Banking & Finance
Korea’s Woori Bank raises $550 mn in AT1 hybrid bond
South Korean major bank Woori Bank said on Thursday that it raised $550 million by issuing additional tier 1 (AT1) hybrid bonds on July 17 with call...
Jul 18, 2024 (Gmt+09:00)
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Shareholder activism
Korea challenges PCA ruling in favor of Mason Capital over Samsung case
South Korea is seeking to revoke an international tribunal’s ruling in April that its government must pay US-based Mason Capital Management LL...
Jul 11, 2024 (Gmt+09:00)
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Korean startups
Kakao supports startups with cloud services
Kakao Enterprise, an AI-based cloud solutions service subsidiary of South Korea's Kakao Corp., announced on Thursday that it started the Rocket La...
Jul 05, 2024 (Gmt+09:00)
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Short selling
Korea slaps Credit Suisse with largest ever short-sale penalty
South Korea's financial regulator said on Wednesday it has officially imposed Credit Suisse Group AG and its affiliate a combined 27.2 billion won...
Jul 03, 2024 (Gmt+09:00)
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Banking & Finance
Korea Eximbank provides $810 mn credit to Bangladesh
The Export-Import Bank of Korea (Eximbank) announced on Sunday that it will provide a credit of $810 million for the construction of the Karnaphuli ...
Jul 01, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Card, KakaoBank to team up for PLCC
South Korea's Shinhan Card Co. and the domestic internet bank KakaoBank Corp. said on Wednesday that they signed a business agreement to develop and...
Jun 27, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung, KB Kookmin Card launch IoT credit card
Samsung Electronics Co. announced on Thursday it launched an Internet of Things (IoT) credit card in collaboration with KB Kookmin Card. The card us...
Jun 27, 2024 (Gmt+09:00)
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Corporate bonds
Hanwha Life Financial Services gets A+ credit rating
South Korea's Hanwha Life Financial Services said on Tuesday it received an A+ (Stable) credit rating from Korea Ratings, becoming the first domes...
Jun 25, 2024 (Gmt+09:00)
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Corporate restructuring
SK asks KDB for further funding before drastic restructuring
SK Group, South Korea’s second-largest business group in terms of total assets, has asked the country’s state-run Korea Development Bank...
Jun 20, 2024 (Gmt+09:00)
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Private equity
Affirma Capital seeks to sell entire stake in both SeAH FS, S&G Holdings
Affirma Capital, a Singapore-based buyout private equity firm, is seeking to sell its entire stake in both South Korean steel tube maker SeAH FS and...
Jun 20, 2024 (Gmt+09:00)
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Corporate bonds
Hyosung Chemical receives negative credit rating outlook
South Korean credit rating agency NICE Investors Service Co. (NICE) downgraded Hyosung Chemical's credit rating outlook from stable to negative on W...
Jun 19, 2024 (Gmt+09:00)
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Insurance
Kyobo Life gets Moody's A1 credit rating for 10 consecutive years
South Korea's Kyobo Life Insurance Co. announced on Tuesday that it has received an A1 (stable) insurance financial strength rating from Moody's Rat...
Jun 18, 2024 (Gmt+09:00)
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Banking & Finance
BNK Capital opens microfinance organization in Uzbekistan
South Korea’s BNK Capital announced on Friday that it established a microfinance organization in Uzbekistan the previous day.Since entering Ca...
Jun 14, 2024 (Gmt+09:00)
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Private equity
Q Capital named K-drama maker Chorokbaem's preferred bidder
Seoul-based private equity firm Q Capital Partners seeks to buy a 39.3% stake with management rights in South Korean drama series producer Chorokbae...
Jun 11, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Financial units to reside under one roof in Vietnam
Shinhan Financial Group Co. is upping the ante in the Vietnamese financial market to further widen the gap with rivals as the country’s leadin...
Jun 11, 2024 (Gmt+09:00)
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Waste management
Carlyle, Keppel, Gaw Capital, IMM vying for Ecorbit
Carlyle Group, Temasek-backed Keppel Corp., Gaw Capital Partners, and a consortium of IMM Investment and IMM Private Equity have been selected as fi...
Jun 10, 2024 (Gmt+09:00)
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Retail
Shinsegae guarantees PE firms’ SSG.COM exit amid delayed IPO
Shinsegae Inc. and its supermarket chain operator E-Mart Inc. will bring in at least one investor by the end of this year to buy shares in SSG.COM f...
Jun 04, 2024 (Gmt+09:00)
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Asset management
Korean investors turn to private credit, secondaries: CIOs
South Korean institutional investors favor private credit as interest rates are expected to remain higher for longer, said speakers at the chief inv...
May 22, 2024 (Gmt+09:00)
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Investment banking
Korea Investment to expand CLO portfolio with Anchorage Capital
Korea Investment & Securities Co. will scale up its collateralized loan obligation (CLO) business with New York-based investment firm Anchorage ...
May 22, 2024 (Gmt+09:00)
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Banking & Finance
Korea Eximbank provides $120 mn credit to Cambodia
The Export-Import Bank of Korea (Eximbank) said on Friday that it signed an agreement with the Ministry of Finance of Cambodia to provide a foreign ...
May 17, 2024 (Gmt+09:00)
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Corporate bonds
Korea’s Eduwill suffers credit-rating cuts, capital erosion
Eduwill Corp., South Korea’s leading provider of online and offline test prep courses for adults, has taken a hit from a series of credit-rati...
May 16, 2024 (Gmt+09:00)
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Private debt
M&A rebound will drive private credit volume increase: Golub Capital
As the Federal Reserve signaled delays in rate cuts after meeting earlier this month, more investors have adopted for a wait-and-see attitude. Those...
May 16, 2024 (Gmt+09:00)
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Banking & Finance
Liquidity crisis looms at S.Korea’s M Capital amid project financing debacle
South Korea's financing and finance leasing firm M Capital Co. is facing a growing risk of liquidity crunch as its attempts to refinance maturing de...
May 14, 2024 (Gmt+09:00)
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Bio & Pharma
MedInTech attracts $14.6 mn series B investment
MedInTech Inc., South Korea's medical smart endoscopes startup, announced on Monday that it attracted a series B investment of 20 billion won ($14.6...
May 13, 2024 (Gmt+09:00)
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Travel & Leisure
Chinese group tours to Korea poised for strong revival
Chinese group tours to South Korea are showing signs of a rebound, about 10 months since Beijing lifted its bans on Chinese group tours to Seoul las...
May 09, 2024 (Gmt+09:00)
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Venture capital
UAE to invest up to $1 bn in S.Korean ventures
The United Arab Emirates is set to invest a maximum of $1 billion in South Korean startups via a joint venture, as a part of its mid- to long-term p...
May 07, 2024 (Gmt+09:00)
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Markets
Korea to fine Credit Suisse, Nomura $40 mn on short sales
South Korea’s top financial regulator has recently notified Credit Suisse and Nomura Securities of a decision to fine them a combined 54.0 bil...
May 07, 2024 (Gmt+09:00)
Latest News
- 1 MBK’s Lotte Card sale gains momentum amid Homeplus fallout
- 2 Korean Air, Delta to buy 25% stake in Canada’s WestJet for $550 million
- 3 RedotPay lands in Seoul with crypto cards
- 4 Mubadala, Goldman Sachs to invest $700 mn in Kakao Mobility
- 5 Now, slim is in – and Samsung aims to be No. 1 with Galaxy S25 Edge