Samara 한국어

KB Financial Group Inc. Decision on Issuance of Amortized Contingent Capital Securities

Original title (Korean): 주요사항보고서(상각형조건부자본증권발행결정)

Company
KB Financial Group Inc.
Ticker
KRX:105560
Market
KOSPI
Filing type
Hybrid Capital Securities Issuance
Filing date
Feb 7, 2024
DART receipt no.
20240207000810

AI Summary

Original filing ↓

KB Financial Group Decides to Issue KRW 270 billion Amortized Contingent Capital Securities

  • KB Financial Group decided to issue amortized contingent capital securities worth KRW 270 billion.
  • The issuance was decided on Feb 7, 2024, the date of the board resolution.
  • The raised funds are planned to be used for debt repayment.
  • The issuance limit will be determined based on demand forecast results within KRW 400 billion.
  • The securities will be issued as perpetual bonds with a call option after 5 years.

Notes The final issuance amount will be determined based on demand forecast results within the issuance limit of KRW 400 billion. · The coupon rate and maturity interest rate will be determined based on future demand forecast results. · The bond maturity is perpetual, but the maturity date is deemed to have arrived upon the commencement of bankruptcy or liquidation proceedings. · The issuance is intended to be conducted via public offering, but may proceed as a private placement depending on market conditions. · The subscription date and payment date will be determined based on discussions with supervisory authorities and market conditions.

This summary was generated automatically from the Korean filing and may contain errors. The original Korean filing prevails.

Original filing

The full filing is available in Korean only.

Other English summaries from KB Financial Group

DateFiling
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AIKB Financial Group Amends Pre-tax Income to KRW 1.73 trillion Due to Fines
Nov 11, 2026[Amendment] Report on Business Performance according to Consolidated Financial Statements (Fair Disclosure) (Subsidiary's material business matters)
AIKB Financial Group Amends KB Securities Q3 Net Income to -KRW 59.13 billion Due to Fine
Nov 11, 2026[Amendment] Report on Business Performance according to Consolidated Financial Statements (Fair Disclosure)
AIKB Financial Group Amends Pre-tax Income to KRW 2.2 trillion Due to Fines
Nov 6, 2026[Amendment] Decision on Issuance of Amortized Contingent Capital Securities
AIKB Financial Group Amends Amortized Contingent Capital Securities Issuance Amount to KRW 300 billion
Oct 29, 2026Decision on Issuance of Bail-in Contingent Capital Securities (Subsidiary's material business matters)
AIKB Kookmin Bank Decides to Issue KRW 340 billion Bail-in Contingent Capital Securities

Source: Financial Supervisory Service, Data Analysis, Retrieval and Transfer System (DART), via OpenDART. https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20240207000810

DART receipt no. 20240207000810