Primary collateralized bond obligations CBOs worth W360 billion US$320 million will be issued early next month, bringing the CBO market out of a lull, the Financial Supervisory Service FSS said Wednesday.
Sejong Securities KSE16420 and Shin Heung Securities KSE01500 will submit a securities report to the FSS on Saturday to pursue the issuance.
Some 30 companies that cannot issue corporate bonds on their own due to relatively lower credit ratings will take part.
Meanwhile, a stream of primary CBOs will be issued next month. Samsung, Shinhan and Hanhwa Securities companies and a few more are negotiating the terms for raises in credit with the Korea Credit Guarantee Fund in...
