Hankook Tire & Technology, founded in 1941 and headquartered in Seoul, South Korea, is a leading global tire manufacturer dedicated to enhancing mobility through innovation and quality. The company specializes in producing a wide range of tires for passenger vehicles, trucks, buses, and motorsports, positioning itself as a key player in the competitive tire industry.
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Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Hankook began issuing bonds in the early 2000s to support its expansion and operational financing. A notable issuance occurred in 2016 when it raised approximately $500 million through a 10-year bond, which attracted significant interest due to the company's solid growth trajectory and favorable market conditions. Currently, Hankook's bond yields are competitive relative to the industry, reflecting investor confidence in its financial stability. The firm has continuously engaged in enhancing bond features, including green bonds to support sustainable initiatives, aligning with global trends favoring environmentally responsible investments.