Most Popular
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[Online Predators] Online reviews of sex tourism in Southeast Asia proliferate
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Man arrested 16 years after murdering girlfriend, hiding body in cement
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Pikki Pikki dance: Korean cheerleader dance routine takes social media by storm
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Middle East’s big AI push lures Korean tech firms
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[Herald Review] 'Culinary Class Wars': fresh, creative survival show minus the drama
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![[Online Predators] Online reviews of sex tourism in Southeast Asia proliferate](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/09/23/20240923050595_0.jpg&u=20240923165034)
![[Herald Review] 'Culinary Class Wars': fresh, creative survival show minus the drama](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/09/23/20240923050497_0.jpg&u=)
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[Exclusive] Democratic Party of Korea forms US election task force
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[Grace Kao] NewJeans fights Hybe for their survival
![[Grace Kao] NewJeans fights Hybe for their survival](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/09/23/20240923050732_0.jpg&u=)
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NK nuclear test 'possible' around US election in Nov., says Yoon aide
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[News Focus] Ex-Moon aide slammed from both sides over remarks on leaving Koreas divided
![[News Focus] Ex-Moon aide slammed from both sides over remarks on leaving Koreas divided](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/09/23/20240923050601_0.jpg&u=20240923204738)
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What will Yoon, Han talk about at dinner?
![[Exclusive] Democratic Party of Korea forms US election task force](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/09/24/20240924050243_0.jpg&u=20240924193820)
![[Grace Kao] NewJeans fights Hybe for their survival](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/09/23/20240923050732_0.jpg&u=)
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[THE INVESTOR] Korean Air Lines disclosed on July 11 that it has issued asset-backed securities to the value of 900 billion won (US$ 783 million).
Korea Air’s latest ABS are backed by the company’s passenger fare income on domestic flights.
The company had initially planned to issue ABS to the value of 700 billion won, but raised the figure to secure funds while interest rates are low, a Korean Air official told the local media.
With the latest issuance, the company has issued ABS valued at 1.2 trillion won in the space of four months.
By Choi He-suk (cheesuk@heraldcorp.com)
Korea Air’s latest ABS are backed by the company’s passenger fare income on domestic flights.
The company had initially planned to issue ABS to the value of 700 billion won, but raised the figure to secure funds while interest rates are low, a Korean Air official told the local media.
With the latest issuance, the company has issued ABS valued at 1.2 trillion won in the space of four months.
By Choi He-suk (cheesuk@heraldcorp.com)
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Articles by Korea Herald
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