Hanjin Kal Warrant TOB: Terms & Spread
Two members of the opposition camp (KCGI and Bando) announced a tender offer to the holders of Hanjin Kal warrants.They offer ₩25,000 apiece, with...
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Korean Air Rights Trade Update: Even Juicier Today
Korean Air's forward contracts are still in a severe backwardation. The basis is -900, which is -5% from the spot price.Why?It is crystal clear....
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Hanjin Kal BW: Clear-Cut Investment Opportunity
Hanjin Kal offers ₩300bil worth of BWs at an introductory price of ₩90,600 per share. The maturity is three years with a put option that kicks in...
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Korea Stock Market Monthly Recap #48 (May 2020)
Review of Top 10 Issues Related to Korean stock market, economy, & politics in May 2020 Big interest in SK Biopharm IPO Announcements of IPOs...
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Final Bi-Annual Rebalance Announced for KOSPI200, KOSDAQ150, & KRX300
The Korea Exchange announced its bi-annual changes to KOSPI200 today. These changes are effective 12 June 2020. For the KOSPI200, there were 11...
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