T-600
Scope
Date
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Energy
SK E&S acquires US energy firm KCE, to invest $600 mn for expansion
SK E&S Co., the natural gas business unit of SK Group, has acquired Key Capture Energy LLC (KCE), a US operator of energy storage projects, as t...
Sep 09, 2021 (Gmt+09:00)
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Apple Likely Has More App Store Deals to Make
As Apple Inc. works to negotiate its way out of its App Store troubles, one thing is becoming increasingly clear: the technology titan mig...
Sep 08, 2021 (Gmt+09:00)
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Economy
Korea proposes record budget for 2022 to speed up recovery
South Korea’s government proposed a record high spending for 2022 to reinforce a recovery in Asia’s fourth-largest economy despite a wid...
Aug 31, 2021 (Gmt+09:00)
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Corporate bonds
Korea Investment raises $600 mn in first foreign currency bond issue
Korea Investment & Securities Co. raised $600 million in its first foreign currency bonds at lower-than-planned interest rates on strong demand....
Jul 13, 2021 (Gmt+09:00)
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Hydrogen economy
Hydrogen fuel tank maker Iljin Hysolus eyes August IPO
South Korea’s only mass producer of hydrogen tube trailers, Iljin Hysolus Co., previously known as Iljin Composites, plans to be listed on the...
Jul 12, 2021 (Gmt+09:00)
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Insurance
Kakao enters insurance sector for synergy with its online platforms
Kakao Corp.’s ambition to become an insurer is gradually becoming a reality. The platform giant’s application to start an insurance busi...
Jun 11, 2021 (Gmt+09:00)
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Artificial intelligence
NPS, KIC commit $600 mn to N.America logistics fund
The National Pension Service (NPS) and the Korea Investment Corporation (KIC) have committed $600 million in aggregate to GLP Capital Partners' Nort...
May 28, 2021 (Gmt+09:00)
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Private debt
CalSTRS, POBA launch $600 mn US property loan JV
The California State Teachers’ Retirement System (CalSTRS) and South Korea's Public Officials Benefit Association (POBA) have launched a $600 ...
Apr 28, 2021 (Gmt+09:00)
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Future mobility
Affirma, EastBridge in race for T Map Mobility’s $267 mn fundraising
Global buyout fund Affirma Capital and South Korean private equity firm EastBridge Partners will compete in a race for the 300 billion won ($267 mil...
Mar 04, 2021 (Gmt+09:00)
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Future mobility
Uber, T Map Mobility JV wins antitrust approval; set to launch in April
South Korea's antitrust regulator has approved the proposed joint venture between the US-based ride-hailing company Uber Technologies Inc. and T M...
Feb 10, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Behind the scenes of Naver’s $600 mn Wattpad purchase
Last August, online portal Naver Corp. entered into exclusive talks with Toronto-based Wattpad Corp. to buy a stake in the world’s largest web...
Feb 01, 2021 (Gmt+09:00)
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Batteries
SKC to spend $600 mn to build copper foil plant in Malaysia
South Korea’s SKC Ltd. will build its first overseas plant of copper foils in Malaysia for 650 billion won ($588 million), as the chemical mat...
Jan 26, 2021 (Gmt+09:00)
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ESG bonds
Hana Bank issues $600 mn euro-currency bonds with negative yield
Hana Bank has become South Korea’s first commercial bank to issue foreign currency bonds at a negative yield, raising 500 million euros ($606 ...
Jan 21, 2021 (Gmt+09:00)
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Future mobility
IMM PE, Affirma Capital shortlisted for T Map Mobility's $275 mn fundraising
Competition is heating up among domestic and foreign private equity firms hoping to invest in T Map Mobility Co., a mobility spin-off of South Korea...
Jan 08, 2021 (Gmt+09:00)
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Markets
Seoul shares break through 2,600 to hit record close
Economically sensitive stocks such as chips, steel and shipbuilding pushed the South Korean stock market to its strongest close on Nov. 23, with gro...
Nov 23, 2020 (Gmt+09:00)
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LG Electronics
LG launches world's first rotatable T-shaped smartphone
LG Electronics Inc. unveiled its new smartphone LG Wing on Sept. 14 in an online event, the first product rolled out under the company’s Explore...
Sep 14, 2020 (Gmt+09:00)
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KOSPI
Credit Suisse raises KOSPI target to 2,600 amid positive outlook for market recovery
Swiss-based investment bank Credit Suisse has raised its KOSPI target to 2,600 from 2,300 on August 19 on the back of the weakened US dollar and impro...
Aug 20, 2020 (Gmt+09:00)
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Carlyle Group
Carlyle raises $600 mn for infra credit fund with top Korean banking groups
The Carlyle Group has raised $600 million for an infrastructure credit fund in South Korea jointly with two domestic financial services firms to lend ...
Jul 13, 2020 (Gmt+09:00)
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IPO
Two Europe-focused REITs seek $600 mn IPOs in Seoul
Two real estate investment trusts (REITs) backed by office buildings in Belgium and France are planning to raise a combined $600 million through initi...
Mar 12, 2020 (Gmt+09:00)
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7863
Mirae Asset to sell up to $600 mn global debt for investment
Mirae Asset Daewoo Co. Ltd. plans to issue a global bond worth $500 million to $600 million as early as April for the third year of offshore debt sale...
Mar 07, 2020 (Gmt+09:00)
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Korean firms invest $96 mn in AT&T headquarters in Dallas
South Korean financial institutions, including Hana Financial Investment Co. Ltd. and KDB Life Insurance Co. Ltd., have invested $96.4 million in ...
Sep 19, 2019 (Gmt+09:00)
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Crianza Aviation leads $600 mn aircraft finance for Etihad Airways
Crianza Aviation, a South Korean aircraft leasing firm, has completed a financing estimated at $600 million to buy three Boeing 787-9s for Etihad Airw...
Apr 09, 2019 (Gmt+09:00)
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NPS’ $600 mn RFP for local PE/VC funds receives tepid response
National Pension Service’s (NPS) recent invitation for investment proposals to domestic private equity and venture capital funds, which amounts to 650...
Oct 16, 2017 (Gmt+09:00)
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Korea Post buys $600 mn US building jointly with California pension fund
Korea Post has signed a 680 billion won ($602 million) agreement to buy a Silicon Valley office campus used by a leading cybersecurity company in join...
Sep 25, 2017 (Gmt+09:00)
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Korean institutions to invest $600 mn in two US gas power plants
The recently-closed financing for two US natural gas-fired power plants under construction have attracted a group of South Korean institutional invest...
Jan 23, 2017 (Gmt+09:00)
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Inside GP selection process: NPS awards $600 mn mandates to 4 Korea PEFs
South Korea’s two local private equity firms, VIG Partners and SkyLake Investment, received 250 billion won ($216 million) mandates from the National ...
Jun 30, 2016 (Gmt+09:00)
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NPS faces calls for GP screening system revision, ahead of $600 mn mandate awards
The National Pension Service (NPS) of South Korea has drawn only five bidders for its planned 500 billion won ($426 million) commitments to be made to...
Jun 28, 2016 (Gmt+09:00)
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