S. Korea’s Naver Prices First Euro Bond Amid AI Push
South Korean platform giant Naver Corp. has sold a combined $1.1 billion of green international bonds, including its inaugural euro-denominated bond, as the company continues its bet on artificial-intelligence investments.
Naver priced a $500 million five-year dollar bond and a €500 million ($589 million) seven-year euro bond on Tuesday, according to the company.