The Secret Behind Lotte Card’s Successful $300 Million Overseas Asset-Backed Securities Issuance
Lotte Card has successfully issued private placement overseas asset-backed securities (ABS) totaling $300 million, approximately 404.1 billion won, using credit card receivables as the underlying assets. This achievement is significant given the recent high volatility in domestic and international financial markets, as it demonstrates the company’s ability to secure large-scale foreign currency funds stably. It … Read more