Issuance of 170 Billion Won Corporate Bonds - Demand Forecast Competition Ratio 2.88~7.33x, AA- Rating
Offering overview: Issue of unsecured bonds totaling 170 billion won (increased from initial 150 billion), comprising 30 billion won for Series 15-1 (2-year maturity) and 140 billion won for Series 15-2 (3-year maturity)
Credit rating: AA- from both Korea Ratings and Korea Investors Service
Demand forecast results: Oversubscribed with 220 billion won received for Series 15-1 (competition ratio 7.33:1) and 345 billion won for Series 15-2 (competition ratio 2.88:1)
Coupon rate: Set at +0.02%p over individual evaluation yield for Series 15-1 and +0.01%p for Series 15-2
Use of funds: 160 billion won for debt repayment and 10 billion won for operating funds
Underwriting structure: Seven securities firms including Shinhan Securities and KB Securities participate on a firm commitment basis
KOSPI Filing Information
Filing: [Confirmation of Issuance Terms] Securities Registration Statement (Debt Securities)