S.Korea's direct corporate financing jumps 30% in Feb
SEOUL, March 28 (Xinhua) -- South Korean companies' direct financing jumped 30 percent in February from a month earlier, the financial regulator(调整者) said Monday.
Corporate 1 financing through public offers amounted to 14.05 trillion won (12.6 billion U.S. dollars) in February, up 29.6 percent or 3.21 trillion won from 10.84 trillion won the previous month, the Financial Supervisory Service (FSS) said in a monthly report.
Local firms raised 2.27 trillion won through selling news shares in rights offering and in initial public offerings (IPO) last month, up more than six-fold from 315.5 billion won in January, according to the FSS.
February's sharp increase came as Hana Financial Group sold 1.3 trillion won of new shares to finance its takeover of Korea Exchange Bank from the U.S. private equity 2 firm Lone 3 Star. Hyundai- wia also raised 260 billion won through IPO, boosting the amount of direct financing by local firms last month.
The volume of bond issuance increased 11.9 percent on-month to 11.78 trillion won in February as local companies aggressively sold bonds ahead of possible interest rate rises, the FSS noted 4. ( 1 U.S. dollar = 1,115 won)(本文由在线英语听力室整理编辑)
- This is our corporate responsibility.这是我们共同的责任。
- His corporate's life will be as short as a rabbit's tail.他的公司的寿命是兔子尾巴长不了。
- They shared the work of the house with equity.他们公平地分担家务。
- To capture his equity,Murphy must either sell or refinance.要获得资产净值,墨菲必须出售或者重新融资。
- A lone sea gull flew across the sky.一只孤独的海鸥在空中飞过。
- She could see a lone figure on the deserted beach.她在空旷的海滩上能看到一个孤独的身影。