Citi: Korean Firms’ 2026 Global Debt-Equity Financing to Hit Record

This forecast signals a structural shift in Korean corporates' capital-raising strategy, with global markets becoming a primary venue rather than a supplement to domestic issuance. The record projection implies heightened demand for cross-border syndication, which could tighten pricing dynamics for Asian issuers overall and attract greater intermediary competition. What matters next is whether this surge is driven by refinancing needs, M&A pipelines, or capex expansion, as each carries different implications for credit spreads and currency flows. The open question is whether regional peers follow suit, potentially reshaping the region's financing hierarchy.