Economy
Business·Industry
PenetriumBio Prepares to Submit IND for U.S. Phase 2 Clinical Trial... Moving Directly Based on Safety Data
Innovative drug developer #PenetriumBio has begun the formal regulatory approval process to advance its core pipeline candidate into a U.S. Phase 2 clinical trial. The company’s strategy is to leverag…
M&A·IB
[Market In] “1.5 trillion or 2.8 trillion”… Homeplus Collateral Dispute: ‘Share’ to Be Determined After Liquidation
If Homeplus enters bankruptcy proceedings, Meritz Financial Group, its largest creditor, is expected to begin the process of disposing of the 62 stores it holds as collateral in earnest. Meritz’s secu…
Business·Industry
HANMISemiconductorCO.,Ltd. Reports 130.3 Billion Won in Second-Quarter Operating Profit… Up 51.0% Year-Over-Year
HANMISemiconductorCO.,Ltd.(042700), a leading domestic semiconductor equipment company, announced on the 14th that its operating profit (on a consolidated basis) for the second quarter of this year ro…
M&A·IB
"Focus on How to Make It Work, Not Why It Won’t"…The Rule-Breakers of the M&A Market
“You must not become a ‘No-Say Lawyer.’ It’s easy to find a million reasons why something can’t be done, but finding a way to make it happen requires far more effort.”Lee Eung-moon (38th class of the …
Finance
"MoonPay Named the Most Trusted On-Chain Financial Network… South Korea Is a Key Market"
“MoonPay aims to build the world’s most trusted, regulated on-chain financial network. Our goal is to integrate payments, stablecoins, and tokenized assets within a single network while meeting the hi…
Financing
“If Ratings Are Mixed, We Pass Without Fail”… Corporate Bonds with “Split” Ratings Are in Short Supply
As uncertainty in the corporate bond market grows, so-called “split-rated” bonds—those with differing ratings from different credit rating agencies—are being thoroughly shunned by the market. With spl…
Financing
Public Bond Market: The Rich Get Richer, the Poor Get Poorer… Market Shrinks by 40%, with High-Grade Bonds Accounting for Two-Thirds of the Market
The “rich get richer, poor get poorer” phenomenon based on credit ratings has become even more pronounced in the public corporate bond market during the first half of the year. With the overall public…
Financing
[Credit Checkpoint] Profits Down, Debt at 2 Trillion… Can HANJIN Logistics Corporation Meet Investors’ Expectations?
“Credit Checkpoint” is a column that assesses the credit rating risks of companies preparing to issue corporate bonds by examining their financial structure and cash flow. It evaluates a company’s sho…
M&A·IB
[Market In] Meritz Holds Secured Debt, Issues Unsecured Short-Term Notes… Mixed Fortunes for Homeplus Creditors
If Homeplus heads straight for bankruptcy, creditors holding trillions of won in claims are expected to face mixed fortunes. Meritz Financial, the largest creditor holding collateralized claims, is gu…
M&A·IB
[Market In] Homeplus, Which Has Suspended Operations, May Opt for Bankruptcy Instead of an Appeal… The 16th Is a Turning Point
Homeplus, which is on the verge of having its corporate rehabilitation proceedings terminated, has reached a critical juncture with the temporary closure of all its stores. With the court-imposed dead…