Kiwoom Securities Finalizes 400 Billion Won Bond Issuance with Upsized Amount Due to Strong Demand Forecast
This securities registration statement confirms the final issuance conditions for a total of 400 billion won in unsecured bonds, comprising 210 billion won for Series 22-1 and 190 billion won for Series 22-2, reflecting the results of the demand forecast conducted on July 13, 2026.
The total offering amount was upsized by 200 billion won from the initial 200 billion won. Both the 2-year Series 22-1 and 3-year Series 22-2 carry a floating interest rate based on the arithmetic average of the individual corporate bond yields from four private bond appraisal agencies.
Proceeds will be fully used to repay maturing electronic short-term promissory notes, aiming to enhance the stability of the company's funding structure. The bonds received AA0 ratings from Korea Ratings and Korea Investors Service.
The demand forecast was successful, with valid orders totaling 470 billion won for Series 22-1 and 475 billion won for Series 22-2, leading to the decision to increase the issuance amount.
[AI Summary]Kiwoom Securities' 400 billion won bond issuance is a refinancing measure to strengthen financial stability. With solid credit ratings and strong institutional demand, the company successfully secured funding. However, continuous monitoring of interest rate volatility and derivatives risks is necessary.
KOSPI Filing Information
[Confirmation of Issuance Terms] Securities Registration Statement (Debt Securities)