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KCC CORP. BONDS UNDER-SUBSCRIBED BY INVESTMENT INSTITUTIONS

Published On 27 May 2020 09:15 AM

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Highlights –

KCC’s AA-rate bonds undersubscribed amid doubts about the construction market
KCC attracted $7 million for its first offering of $12 million worth.
Investors remain pessimistic towards the construction market.

The latest offering by AA-rated KCC Corp. was distantly received by institutions, drawing just 60 percent in bids, and may have to scale ....

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Tags : KCC CORP., SOUTH KOREA, BONDS SUBSCRIPTION, CONSTRUCTION MARKET,

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