South Korea's corporate financing through debt and equity issuance rose by 13% to 22.616 trillion won from a month earlier, according to data released by the Financial Supervisory Service on Tuesday.
Equity issues fell 6% from 440.2 billion won to 413.6 billion won, while debt issues grew 13.6% to 22.202 trillion won in April, from 19.543 trillion won in the previous month.
During the period, there were four initial public offerings, and the IPO proceeds fell 25% month over month to 157.7 billion won.
Public equity offerings, on the other hand, rose by over 11% to 255.9 billion won.
The outstanding balance of commercial papers as of end of April was 246.888 trillion won, while short-term bonds stood at 93.295 trillion, the data showed.