Hana Financial to fund Australia solar power project with $146 mn senior debts

Hana Financial to fund Australia solar power project with $146 mn senior debts

Hana Financial Investment Co. Ltd. has secured A$200 million ($146 million) in senior loans to finance A$320 million solar power project in Australia ...

KB Financial's $186 mn VC fund invests $42 mn in Indian startups

KB Financial's $186 mn VC fund invests $42 mn in Indian startups

KB Financial Group's global venture capital fund, which raised 220 billion won ($185.6 million) last year, has wrapped up its investment of about 50 b...

Korea state agency to sell up to 10% Woori Financial stake in block deal

Korea state agency to sell up to 10% Woori Financial stake in block deal

The Korea Deposit Insurance Corp. (KDIC) has resumed the ongoing sale process of its 17.25% stake in Woori Financial Group in four years. It will offe...

Carlyle flexes muscles in Korean financial industry as Lee takes helm

Carlyle flexes muscles in Korean financial industry as Lee takes helm

The Carlyle Group has been growing its presence in South Korea after sealing a string of investment and business deals with top Korean financial servi...

Affinity Equity, Baring PEA tipped to invest $1 bn in Shinhan Financial

Affinity Equity, Baring PEA tipped to invest $1 bn in Shinhan Financial

Affinity Equity Partners and Baring Private Equity Asia will likely invest a combined 1.2 trillion won ($1 billion) in new shares of Shinhan Financial...

Doosan Heavy shares rally as investors look beyond financial woes

Doosan Heavy shares rally as investors look beyond financial woes

Shares of Doosan Heavy Industries & Construction Co. Ltd., a South Korean power plant builder, jumped to their highest level in more than two year...

KDB offers to ease HDC's financial burden in Asiana takeover as deal stalls

KDB offers to ease HDC's financial burden in Asiana takeover as deal stalls

State-run Korea Development Bank (KDB), the main creditor of Asian Airlines Inc., has unveiled proposals to ease the financial burden for HDC Hyundai ...

Silence over NPS chief investment officer's tenure raises eyebrows within the financial community

Silence over NPS chief investment officer's tenure raises eyebrows within the financial community

Silence over the tenure of incumbent chief investment officer (CIO) at the National Pension Service is stirring up talk within the global asset manage...

Hana Financial underwrites $117 million senior loan for US energy storage system

Hana Financial underwrites $117 million senior loan for US energy storage system

Hana Financial Investment Co., Ltd has invested in an energy storage system development project as an underwriter for senior loans worth $117 million....

Shinhan Financial in search to acquire traditional asset manager

Shinhan Financial in search to acquire traditional asset manager

Shinhan Financial Group, one of Korea's largest financial holding firms, has reached out to asset management companies that are well-versed ...

Hana Financial purchases $77 mn mezzanine loan on 30 Hudson Yards NYC

Hana Financial purchases $77 mn mezzanine loan on 30 Hudson Yards NYC

Hana Financial Investment Co. Ltd. has purchased a $77 million mezzanine loan backed by a six-story space in the 101-story, 30 Hudson Yards, the third...

Carlyle to invest $415 mn in KB Financial, betting on share rebound

Carlyle to invest $415 mn in KB Financial, betting on share rebound

The Carlyle Group has tentatively agreed to buy $200 million worth of bonds exchangeable into shares in KB Financial Group and the US private equity f...

Prudential to sell Korean unit to KB Financial for $1.9 bn

Prudential to sell Korean unit to KB Financial for $1.9 bn

Prudential Financial Inc. has decided to sell its South Korean insurance arm to KB Financial Group for about 2.3 trillion won ($1.9 billion) and will ...

Military Mutual Aid extends financial division CIO’s term by one year

Military Mutual Aid extends financial division CIO’s term by one year

The Military Mutual Aid Association (MMAA) has extended its financial division head’s term for another year to focus on the risk management asso...

Shinhan Financial to raise $200 mn for KKR’s tailor-made funds

Shinhan Financial to raise $200 mn for KKR’s tailor-made funds

Shinhan Financial Group will raise $200 million for two KKR funds of funds (FoFs) tailor-made for the South Korean banking group, under a strategic pa...

KB Financial units invest $103 mn in Spain hotel portfolio-backed debt

KB Financial units invest $103 mn in Spain hotel portfolio-backed debt

KB Asset Management Co. Ltd. and other units of South Korea’s top banking group KB Financial Group co-invested 90 million euros ($103 million) in a se...

Hana Financial buys US REIT’s preferred stocks for $125 mn

Hana Financial buys US REIT’s preferred stocks for $125 mn

Hana Financial Investment Co. Ltd. has bought new preferred shares issued by a US real estate investment trust company for $125 million, ahead of the ...

Hana Financial to buy Japanese retail property for individual resale

Hana Financial to buy Japanese retail property for individual resale

Hana Financial Group, the parent company of KEB Hana Bank, will acquire a shopping center building and its surrounding land in a small Japanese city...

Hana Financial joins $269 mn debt financing of two US solar power plants

Hana Financial joins $269 mn debt financing of two US solar power plants

Hana Financial Investment Co. Ltd. has underwritten $40 million of secured debt, part of $269 million debt financing to fund asset manager Capital Dyn...

Hana Financial to arrange $445 mn financing of US gas power plant

Hana Financial to arrange $445 mn financing of US gas power plant

Hana Financial Investment Co. Ltd. is tapping South Korean insurers and savings funds to arrange a 500 billion won ($445 million) financing of a new n...

Korean regulator moves to scrutinize savings funds’ financial health

Korean regulator moves to scrutinize savings funds’ financial health

South Korea’s savings funds may come under direct supervision of the country’s top financial watchdog as the Financial Services Commission (FSC) is se...

NongHyup Financial raising $264 mn infrastructure blind fund: report

NongHyup Financial Group Inc., a holding company of South Korea’s national agricultural cooperative, is raising a 300 billion won ($264 million) blind...

Korean military fund names equity head as financial division CIO

Korean military fund names equity head as financial division CIO

The Military Mutual Aid Association’s (MMAA) former equity head Jae Dong Kim was installed this month as its first chief investment officer chosen fro...

Hana Financial underwrites $75 mn senior debt for US solar power plant

Hana Financial underwrites $75 mn senior debt for US solar power plant

Hana Financial Investment Co. Ltd. has underwritten $75 million senior debts sold by a Swiss private asset manager to fund a US solar power plant acqu...

Hana Financial to underwrite $50 mn debt in aircraft fund for Qatar Airways

Hana Financial to underwrite $50 mn debt in aircraft fund for Qatar Airways

Hana Financial Investment Co. Ltd. will acquire mezzanine debts of $50 million in an aircraft fund set up to buy a Boeing 777-300ER which Qatar Airway...

Korean institutions partake in US fund’s buyout deal as financial investors: report

Korean institutions partake in US fund’s buyout deal as financial investors: report

NH Investment & Securities Co. Ltd. and a federation of credit cooperative in South Korea have extended about 50 billion won ($44 million) of loan...

KDB seeks to sell $2.3 bn CBs in HMM to lay groundwork for stake sale

The state-run Korea Development Bank (KDB) is seeking to sell 2.6 trillion won ($2.3 billion) in perpetual convertible bonds issued by HMM Co., the co...

LG CNS develops code-generative AI solution

LG CNS develops code-generative AI solution

LG CNS, South Korea's leading information technology services provider, announced on Wednesday the development of AI Coding, an innovative code-gene...

Shinhan Securities leads M&A financing for Trench Group acquisition (edited)

Shinhan Securities leads M&A financing for Trench Group acquisition (edited)

Shinhan Securities Co. announced on Monday that it participated as the lead arranger in the merger and acquisition (M&A) financing of Trench Gro...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal