Korean Air has raised W350b ($310 million) from three corporate bonds issued on 15 April. These are of W65 billion, W160 billion, and W125 billion principal, the flag carrier said in a same-day corporate disclosure. The W65 billion bond matures on 14 October 2022 and bears about 2.32% interest. W60 billion of the gross proceeds is intended for debt repayment and W5 billion for operating expenses. The W160 billion issuance has a two-year maturity and bears about 2.87% interest. W90 billion will go towards debt repayment and W70 billion for operating expenses. Finally, the W125 billion instrument matures in three years and bears nearly 3.5% interest. W60 billion of gross proceeds are for debt repayment and W65 billion for operating expenses. <br/>