 The Macquarie Korea Infrastructure Fund (MKIF) has completed a KRW 250 billion (€161 million; $232 million) offering of unsecured bonds, according to a statement.
The KRW 1.7 trillion fund, which invests in concession companies that operate infrastructure assets in Korea, announced the bond offering last month. The proceeds of the offering will be used to retire part of the fund’s 5-year KRW 500 billion credit facility that was established in May 2007, according to a statement.
