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South Korea’s corporate financing through issuances up 28.5% in January
IPO proceeds tripled, but rights offerings plunged during the month.
Corporate financing through debt and equity issuances in South Korea rose 28.5% month-on-month (MoM) to $16.79b (KRW24.03t) in January 2025, according to data from the Financial Supervisory Service (FSS).
Equity issues rose 52% MoM to $516.62m (KRW739.4b) in January. A total of nine initial public offerings (IPOs) were recorded during the month, and IPO proceeds more than tripled (265.4%) to KRW728.9b.
Rights offerings plunged 96.4% MoM to $7.34m (KRW10.5b) due to lack of large-scale rights offerings during the month, the FSS said.
Debt issues rose 27.9% MoM to $16.27b (KRW23.29t).
Issuance of corporate bonds rose 439% to $5.87b (KRW8.4t).
(US$1 = KRW1,431.23; as of 25 February 2025, Refinitiv)