SEOUL, Oct 19 (Bloomberg): A South Korean fund established to prevent major companies from going bankrupt during the Covid-19 pandemic is selling its first bonds, as struggling carriers seek support.
The 40 trillion won (US$35 billion) Key Industry Stabilisation Fund, managed by Korea Development Bank, plans to take about 200 billion won in bids for 3.5-year notes on Tuesday (Oct 20), according to person familiar with the matter.
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