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 ....
Tags : KCC CORP., SOUTH KOREA, BONDS SUBSCRIPTION, CONSTRUCTION MARKET,
comments (0)