Korean Air Issues 20 Billion Yen Samurai Bond, Secures 700 Billion Won for 103 Boeing Aircraft

According to Yonhapinfomax, Korean Air successfully issued a 20 billion yen samurai bond on June 6, backed by Korea Eximbank, demonstrating strong credit standing in global markets. The carrier also secured 700 billion won in policy financing support, comprising 300 billion won in export financing and 400 billion won for supply chain stabilization.

The funds will accelerate Korean Air's fleet modernization plans, which include ordering 103 new Boeing aircraft for approximately 36.2 billion dollars. The aircraft comprise 20 Boeing 777-9s, 25 787-10s, 50 737-10s, and 8 777-8F cargo aircraft, with deliveries scheduled through the late 2030s.