Lotte's 123-story skyscraper

 Lotte Property & Development (P&D), the operator of South Korean retail giant Lotte's 123-story skyscraper, said Wednesday it has sold US$200 million in bonds to carry out eco-friendly and social investments.

The debt issued Tuesday will mature in three years with an interest rate of the three-month Libor, or the London Inter-bank Offered Rate, plus 92.5 basis points.

Sustainability bonds are aimed at financing a mix of green and social projects, such as those dealing with renewable energy and employment generation.

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Korea Sale FESTA to take place in September

This year’s Korea Sale FESTA, a countrywide shopping event, is planned to take place from September 28 to October 7.

Despite the shorter event period compared to previous years, the festival is expected to be greater than ever before. An opening concert featuring popular K-pop artists will be held at Seoul Plaza on September 27 in celebration of the event.

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Korea Tourism Organization offers a chance for a free trip to Korea

Partnering with Asiana Airlines the Korea Tourism Organization is back with a new Expedia online campaign offering amazing flights deals aboard the fleet’s Airbus A380 and hotel with flight packages.

To celebrate the campaign, Korea Tourism Organization is offering a giveaway to send ONE lucky winner on their way to beautiful Korea. The promotion starts July 18th and ends on the 15th of August so get in fast with your entries for your chance to win.

 

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