Korean Air (KE, Seoul Incheon) has issued JPY20 billion yen (USD123.3 million) in yen-denominated bonds, known as Samurai bonds, backed by a guarantee from the Export-Import Bank of Korea. The export credit agency will also provide KRW700 billion won (USD465.5 million) in policy financing to support fleet expansion, as the South Korean national airline plans to add 103 Boeing jets with deliveries scheduled through the late 2030s. The carrier said investor demand reflected confidence in its passenger and cargo businesses and expectations from its planned integration with Asiana Airlines (OZ, Seoul Incheon).
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