Korean Air raises $123m through Samurai bond

Korean Air has issued 20 billion yen ($123.4 million) in Samurai bonds with support from the Export-Import Bank of Korea, underscoring its credibility among global investors and confidence in its growth outlook. A Samurai bond is a yen-denominated bond issued in Japan by a foreign company. The issuance was completed despite external uncertainties, including high oil prices and foreign exchange volatility. Investors gave high marks to Korean Air’s stable profitability, backed by its balanced pass

By The Korea Herald