Yonhap Infomax NewsCJ Olive Young Co. issued KRW 450 billion ($327 million) in commercial paper to fund its KDB Life Tower acquisition, marking its first external fundraising since 2019, as strong earnings reduce the need for public bond issuance.
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CJ Olive Young Issues First KRW 450 Billion Commercial Paper—Will It Tap the Public Bond Market?
CJ Olive Young Co. issued KRW 450 billion ($327 million) in commercial paper to fund its KDB Life Tower acquisition, marking its first external fundraising since 2019, as strong earnings reduce the need for public bond issuance.