Jeju Bank issues 50 billion won unsecured bonds (floating rate CD+0.25%, 1-yr maturity, operating funds)

Jeju Bank issues 50 billion won in unsecured floating-rate bonds (tranche 260526) under a shelf registration.
Interest rate: CD (1-month) + 0.25%; initial rate set at 2.93%.
Maturity: 1 year, full repayment on May 26, 2027.
Proceeds: 50 billion won for operating funds; issuance costs of 29.52 million won covered internally.
Lead manager: Sangsangin Securities (firm commitment underwriting).
Credit ratings: AA+ (stable) from Korea Ratings and NICE Investors Service.
Increase in debt may slightly affect capital ratios, but no equity dilution or shareholder impact.