Korea Rail Network Authority (KRNA), established in 2004 and headquartered in Uiwang, South Korea, plays a pivotal role in the nation’s railway infrastructure and development. As a government-owned entity, KRNA is tasked with enhancing the operational efficiency of rail services across the country, focusing on transportation safety and the advancement of rail network technology. The authority manages the railway network, overseeing the construction, maintenance, and overall management of rail infrastructure while promoting sustainable transportation methods.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, KRNA has actively participated in the bond market, initially issuing bonds in 2005 to fund infrastructure projects. Notably, in 2021, KRNA issued a sizable ?500 billion bond aimed at expanding its high-speed railway network. The current yield on KRNA bonds has remained competitive, often aligning closely with industry averages, reflecting investor confidence in the authority’s stable income and government backing. Recent news highlights KRNA's strategic plan to further diversify its bond offerings, including environmentally sustainable bonds that cater to increasing investor demand for green finance options.