Woori Financial Group Issues 200 Billion KRW in 29th Unsecured Bonds for Debt Repayment and Operating Funds, Maintains Shareholder Return Policy
Woori Financial Group issued 200 billion KRW in 29th unsecured bonds, using 50 billion to repay the 8-2 public bond and 150 billion for holding company operating funds.
The company continues shareholder return policies including treasury stock acquisition and cancellation resolution in February 2026, and paid a quarterly dividend of 220 won per share for Q1 2026.
BIS total capital ratio stands at 16.63%, Tier 1 ratio at 15.46%, and CET1 ratio at 13.60%, all exceeding regulatory requirements, with non-performing loan ratio at a healthy 0.68%.
Woori is pursuing a comprehensive stock exchange to fully acquire Tongyang Life Insurance and participated in a 1 trillion won rights offering for Woori Investment Securities to strengthen non-bank competitiveness.
[AI Summary]This debt issuance involves no equity dilution for existing shareholders. While 75% of proceeds allocated to operating funds limits near-term profit improvement, the AAA credit rating and strong financial fundamentals ensure investment safety. Sustained shareholder returns and non-bank portfolio expansion are positive for mid-to-long-term shareholder value.