Hanwha Bond Ends Longest Deal Drought in Years in Asia Ex-China

Longest Asian Bond Deal Drought in Years Ends With Offering

(Bloomberg) — A unit of South Korea’s Hanwha Group started marketing a dollar bond Wednesday, ending a dry spell for debt offerings this month in the US currency from emerging Asia excluding China.

Hanwha Bond Ends Longest Deal Drought in Years in Asia Ex-China

A unit of South Korea’s Hanwha Group started marketing a dollar bond Wednesday, ending a dry spell in debt offerings this month in the US currency from emerging Asia excluding China.

Hanwha Aerospace targets €3 billion armored vehicle deal in Romania

Pictured above is Hanwha Aerospace’s next-generation Redback infantry fighting vehicle. [Photo courtesy of Hanwha Aerospace] South Korea’s Hanwha Aerospace is setting its sights on Romania’s infantry fighting vehicle (IFV) market with plans to establish a production facility near the capital, Bucharest. According to foreign media on April 24, the South Korean defense firm will build a K9 self-propelled howitzer production plant in Dâmbovița, loc…

Hanwha Aerospace Issues New Shares, Diluting Shareholders

Credit: Hanwha Group.On March 22, Hanwha Aerospace 한화에어로스페이스 announced that it would issue new shares valued KRW 3.6t (USD 2.45b), in what would be the largest transaction of its kind in South Korean history. The company forms a part of the defense contracting segment of the Hanwha chaebol 재벌 group, which has been actively expanding its capacity for international arms export. Capital raise by new share issuance dilutes the value of shares held b…