Issuing KRW 300 Billion in Bonds to Build an E-Cigarette Atomization Factory?
Highlights: According to Korean media outlet FETV, KT&G has issued corporate bonds for the first time since its establishment. The KRW 300 billion raised will be used to acquire operations in Kazakhstan and Indonesia.
Global intelligence has learned that, according to recent reports from South Korean media fetv, KT&G has issued corporate bonds for the first time since its establishment. The 300 billion KRW raised will be used to purchase land, production equipment, and other related tangible assets for new factories in Kazakhstan and Indonesia.

▲ Comment: This time, the South Korean e-vapor giant is enhancing global production capacity by issuing 300 billion KRW in corporate bonds to acquire land and build factories in Asia, highlighting the importance of bond financing to support e-vapor development, especially for HNB, which is worth noting.



