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Top related persons:
Kacper - 1 didn't - 1 1,320.4500 - 1 Cynthia Kim - 1 Seunggyu Lim - 1 Jihoon Lee - 1 Josh Smith - 1 Gerry Doyle - 1
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South Korea Wierzbiny Orzysz Poland Rights SEOUL South Korean South Seoul
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REUTERS - 1 Rights - 1 South Korean - 1 South - 1 Korea's - 1 Hyundai Rotem Co - 1 Hanwha Aerospace - 1 Hyundai Rotem - 1

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☆ Exclusive: South Korea lining up banks to help finance $22 billion arms sale to Poland
  + stars: | 2023-11-03 | by ( Cynthia Kim Seunggyu Lim | Cynthia Kim | Seunggyu Lim | ) www.reuters.com   time to read: +3 min
Two officials from a Korean defence company confirmed the syndicated loan plan. Two officials at South Korean banks said there would be loans, but did not specify the type. That deal was worth $13.7 billion, South Korea's largest to date. The South Korean government didn't immediately provide a comment when asked for one. The South Korean government official did not elaborate on the size of the potential syndicated loan.
Persons: Kacper, didn't, 1,320.4500, Cynthia Kim, Seunggyu Lim, Jihoon Lee, Josh Smith, Gerry Doyle Organizations: REUTERS, Rights, Reuters, South Korean, South, Korea's, Hyundai Rotem Co, Hanwha Aerospace, Hyundai Rotem, U.S, Thomson Locations: South Korea, Wierzbiny, Orzysz, Poland, Rights SEOUL, South Korean, South, Seoul, Ukraine, Russia, Europe
☆ South Korea, Saudi to boost ties on energy, defence; $30 bln in deals signed
  + stars: | 2022-11-17 | by ( Joyce Lee Soo-Hyang Choi | Joyce Lee | Soo-Hyang Choi | ) www.reuters.com   time to read: +4 min
SEOUL, Nov 17 (Reuters) - South Korean and Saudi Arabian leaders pledged stronger ties on Thursday in the fields of energy, defence industry and building projects, as the oil-rich kingdom signed investment agreements worth $30 billion with South Korean companies. "In particular, he said he would like to drastically strengthen cooperation with South Korea in the areas of defence industry, infrastructure and construction," Yoon's office said. Saudi-based Asharq TV quoted the kingdom's investment minister as saying deals signed on Thursday were worth $30 billion. "The (South Korean) government will actively support the successful implementation of cooperative projects which apply Korea's state-of-the-art architecture ... in NEOM," said South Korea's trade minister, Lee Chang-yang. Shares in Lotte Fine Chemical (004000.KS), which signed an agreement for chemical industry cooperation with the Saudi Ministry of Investment, rose 2.1%.
☆ Poland expected to buy S.Korean rocket launchers after tank, howitzer sales
  + stars: | 2022-10-19 | by ( Soo-Hyang Choi | ) www.reuters.com   time to read: +2 min
SEOUL, Oct 19 (Reuters) - Poland is set to buy rocket launchers in its latest arms deal with South Korea, following shipments of tanks and howitzers, as it ramps up arms imports after Russia's invasion of Ukraine, South Korean officials said on Wednesday. Poland is expected to sign a deal with Hanwha Defense, the defence unit of South Korea's Hanwha Corp (000880.KS) this week, to buy K239 Chunmoo multiple rocket launchers, officials said. Under the contract, South Korea will supply 288 multiple rocket launchers worth $6 billion, the Yonhap news agency reported. The expected agreement comes as South Korean companies shipped the first batch of tanks and howitzers to Poland. Poland has also agreed to buy 48 FA-50 fighter jets from South Korea.
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