Doosan Infracore hybrid

Doosan Infracore offers hybrid structure for lower-rated companies

Doosan Infracore's credit-enhanced hybrid is expected to be replicated by other borrowers.
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Doosan aims to become one of the world’s top three construction equipment and machine tool companies by 2020
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<div style="text-align: left;"> Doosan aims to become one of the world’s top three construction equipment and machine tool companies by 2020 </div>

Korea construction firm Doosan Infracore closed a $500 million hybrid on Tuesday night, and bankers expect that its structure will be replicated by other lower-rated borrowers that would struggle to raise funds or have to pay up on a standalone basis.

¬ Haymarket Media Limited. All rights reserved.

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