bridge loan
Scope
Date
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Korean games
Oasys aims to be blockchain gateway for S.Korean game developers
Singapore-based Oasys has an ambitious goal to revolutionize the gaming industry by making blockchain games cheaper to develop and faster to play &n...
Aug 10, 2022 (Gmt+09:00)
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Batteries
LG Energy, China’s Huayou Cobalt to build battery recycling joint venture
South Korea’s top battery maker LG Energy Solution Ltd. and China’s mining company Zhejiang Huayou Cobalt Co. have agreed to launch a ba...
Jul 26, 2022 (Gmt+09:00)
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Korean startups
Science content provider Geekble raises $3.8 mn in bridge investment
Geekble, operator of the YouTube science channel of the same name, has raised 5 billion won ($3.8 million) in bridge investment, the company said on...
Jul 18, 2022 (Gmt+09:00)
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Artificial intelligence
AI-powered translation startup XL8 raises $2.7 million in bridge investment
Artificial intelligence-powered translation startup XL8 Inc. said on Monday it raised 3.6 billion won ($2.7 million) in a bridge round prior to Seri...
Jul 18, 2022 (Gmt+09:00)
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Private debt
Investors may see tough credit cycle in direct lending: TCW Private Credit
As economic uncertainties grow amid rate hikes and inflation, South Korean institutional investors are eyeing direct lending for safer investment an...
Jul 06, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Baring PEA to refinance two Korean lenders to recoup investment
Hong Kong-based Baring Private Equity Asia is planning to raise a total of 674 billion won ($532 million) in loans for South Korea's Acuon Capital a...
May 02, 2022 (Gmt+09:00)
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Korean startups
Startup accelerator Klim Ventures secures $4 mn in bridge capital
South Korea’s startup accelerator Klim Ventures announced Tuesday it has secured 5.5 billion won ($4 million) worth of bridge capital. ...
Apr 26, 2022 (Gmt+09:00)
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Economy
South Korea's working young teeter on brink of debt disaster
As the liquidity party is coming to an end, rising interest rates and falling asset values are highlighting concerns about household debt taken on b...
Feb 21, 2022 (Gmt+09:00)
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Construction
HDC Hyundai eyes over $800 mn in loans after fatal accident
South Korea's HDC Hyundai Development Co. plans to raise more than 1 trillion won ($832 million) in funding backed by its real estate holdings as th...
Jan 27, 2022 (Gmt+09:00)
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Construction
GS E&C secures €70 mn green loan from BNP Paribas for warehouses
South Korea’s construction conglomerate GS Engineering & Construction (GS E&C) said on Dec. 16 it has become the first Korean constr...
Dec 17, 2021 (Gmt+09:00)
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Pension funds
POBA, CalSTRS invest $40 mn in California multifamily assets
South Korea’s pension fund Public Officials Benefit Association (POBA) and US retirement fund The California State Teachers’ Retiremen...
Dec 13, 2021 (Gmt+09:00)
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Economy
Mortgage loan growth slows to near four-year low in November
Mortgage loan growth at banks in South Korea slowed to near a four-year low in November, on the back of tightened lending rules and an interest rate...
Dec 09, 2021 (Gmt+09:00)
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Private equity
SEMA jointly acquires stakes in US telecom tower operator
South Korea’s Korea Scientists and Engineers Mutual-Aid Association (SEMA) said on Nov. 12 that it has invested $500 million in a joint acquis...
Nov 12, 2021 (Gmt+09:00)
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Fintech
Toss Bank debuts amid government's tightening of loans
South Korean government’s toughening stance on household loans is having a direct impact on the fast-growing internet banks in the country. Th...
Oct 05, 2021 (Gmt+09:00)
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Economy
S.Korea plans to tighten ability-to-repay rules
South Korea's new household lending rules, set to be unveiled next month, will center on tightening the assessment of borrowers' repayment capabilit...
Sep 27, 2021 (Gmt+09:00)
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Korean stock market
Seoul may curb margin loans to rein in household debt
South Korea is considering curbing margin loans offered by brokerage companies to stock investors, as part of the government efforts to rein in soar...
Sep 23, 2021 (Gmt+09:00)
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Economy
Ruling party calls for BOK's active role to aid COVID victims
South Korea's ruling Democratic Party has called on the Bank of Korea (BOK) to take a more active role to aid pandemic-hit small business operators ...
Sep 09, 2021 (Gmt+09:00)
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Banking & Finance
K Bank valued at $6.9 billion, needs to expand loans: Morgan Stanley
K Bank, the digital banking unit of South Korea’s telecom giant KT Corp., is valued at 8 trillion won ($6.9 billion) and could further raise i...
Aug 31, 2021 (Gmt+09:00)
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Alternative investments
Kookmin Bank to co-finance $840 mn US solar project
Kookmin Bank, South Korea's largest lender, will provide a $100 million loan to finance a solar power project led by US-based investment firm ECP as...
Jul 22, 2021 (Gmt+09:00)
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Alternative investments
Hana Alternative logs over 9% return on US residential project
South Korea's Hana Alternative Assets Management Co. is estimated to have achieved an annualized return of 9.83% from the $51.5 million mezzanine lo...
Jul 15, 2021 (Gmt+09:00)
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Personal debt
A generation indebted: Young Koreans struggle under record loans in Q1
Young South Koreans are drowning in debt.Korean youths in their 20s and 30s are reeling under growing personal debt as they aggressively take out pe...
Jul 06, 2021 (Gmt+09:00)
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Sovereign wealth funds
KIC aims to boost alternatives to 25% by 2027
The Korea Investment Corporation (KIC) will gradually increase alternative investments such as venture capital, private equity and debt, and infrast...
Jul 01, 2021 (Gmt+09:00)
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Korean startups
Impressivo to bridge fitness and healthcare industry via sensing technology
San Francisco-based startup Impressivo is seeking partnerships in the fitness and healthcare sector as the company aims to bridge the fitness and he...
Jun 30, 2021 (Gmt+09:00)
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Artificial intelligence
Goldman mulls redemption option for Coupang loan, but still undecided
Goldman Sachs has begun researching its right to call in the 300 billion won ($265 million) loan it provided against Coupang Corp.'s two distributio...
Jun 29, 2021 (Gmt+09:00)
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Fintech
Naver, techfins poised to spark Korean loan market's Big Bang
South Korea's online giant Naver Corp. is preparing to join a government-initiated fintech platform, on which individual borrowers can directly sear...
Jun 16, 2021 (Gmt+09:00)
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E-commerce
Shinsegae to raise $2 bn in secured loan for eBay Korea
South Korea's Shinsegae and Lotte groups, the two final contenders for eBay Korea, are hurrying to securitize their assets, even offering core real ...
Jun 11, 2021 (Gmt+09:00)
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Banking & Finance
Toss Bank to compete with K Bank, Kakao Bank from September
Toss Bank in September will enter the race of internet-only banks in South Korea as the third player, competing against K Bank and Kakao Bank. Toss ...
Jun 11, 2021 (Gmt+09:00)
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Mezzanine loans
Mirae, NH face lawsuit over Drew Las Vegas loan loss
Mirae Asset Securities Co. and NH Investment & Securities Co. have been sued by South Korean institutional investors over the loss of their comb...
Jun 01, 2021 (Gmt+09:00)
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Mezzanine loans
Korean LPs to sue Mirae, NH over Las Vegas loan loss
South Korean institutional investors in the Drew Las Vegas development are preparing to file a lawsuit against two domestic brokerage firms, seeking...
May 13, 2021 (Gmt+09:00)
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Economy
Heavy household borrowing fans Korea’s asset market overheating
South Korea’s asset market is showing signs of overheating as households take out fresh loans at a record pace to invest in initial share sale...
May 13, 2021 (Gmt+09:00)
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