Korea Land and Housing Corporation (KLHC), founded in 2009 and headquartered in Gyeonggi-do, South Korea, serves the primary purpose of promoting balanced regional development and expanding housing opportunities in the country. The corporation focuses on the planning, development, and management of urban and residential areas, striving to enhance living environments through various public housing projects and infrastructure developments.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
KLHC initiated its bond issuance program in 2010, significantly impacting the South Korean financial market. Notably, in 2022, the corporation issued a series of bonds totalling 1 trillion KRW, which were notable for their 10-year maturity and competitive yields that aligned favorably against industry averages. The issuer currently offers bonds with a unique feature of local government support, which enhances credit stability. Recent market conditions have led to an increased focus on sustainable financing, with KLHC exploring green bond options to fund eco-friendly projects, reflecting its commitment to social responsibility amidst evolving investor preferences.