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South Korea s Shinhan Bank became the latest Asian bank to sell a sustainability bond this month. It raised $500m from its transaction, but felt some pressure from the risk-off sentiment in the region’s credit market.
The A3/A+/A rated bank s transaction follows Bank Mandiri s $300m debut sustainability bond sale earlier in the week. Last week, Singapore s United Overseas Bank also sold its first sustainably bond, bagging $1.5bn from the senior-subordinated combination sale. Shinhan s deal this week was not its first,
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Office-Tower Bonds Are Wildly Popular Despite Quiet Downtowns
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Posted : 2021-04-05 14:59
Updated : 2021-04-05 17:00
Demonstrators march during an anti-military coup protest in Mandalay, Myanmar, April 5, 2021. At least 550 people have been killed by the military since the coup, according to the Assistance Association for Political Prisoners (AAPP), as anti-coup protests continue despite the intensifying violent crackdowns on demonstrators by security forces. EPA-Yonhap
The government could consider banning travel to Myanmar and arrange additional temporary flights to help South Koreans leave the country if the political unrest there worsens, a foreign ministry official said Monday.
The government has helped organize one or two temporary flights a week from the Southeast Asian nation since the Feb. 1 military coup that plunged the nation into turmoil. So far, a total of 411 out of some 3,500 South Koreans living there have returned home on those flights, according to the official.
Myanmar bloodshed hits South Korean financial operations
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