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...

TPG buys Korean health supplement company for about $250 mn

TPG buys Korean health supplement company for about $250 mn

Private equity firm TPG has acquired a small-sized South Korean dietary supplement manufacturer for around $250 million, in its first Korean buyout de...

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...

LG links up with Chinese rivals for budget appliance supremacy Mercedes opens world’s 1st Maybach flagship center in Seoul Blackpink's new single Jump tops Spotify daily chart K-content goes cultural: KPop Demon Hunters sparks heritage K-goods craze POSCO supplies HIC-resistant steel for Aramco’s Fadhili gas plant