KB Financial Group Inc. [Amendment] Decision on Issuance of Amortized Contingent Capital Securities
Original title (Korean): [기재정정]주요사항보고서(상각형조건부자본증권발행결정)
AI Summary
Original filing ↓KB Financial Group Amends Decision on Issuance of Amortized Contingent Capital Securities
- The purpose of fund raising, subscription date, payment date, lead underwriter, and other matters for investment judgment were amended.
- The reason for the amendment is a change in issuance conditions.
- Operating funds were amended to KRW 50 billion and debt repayment funds to KRW 220 billion.
- The subscription date and payment date were amended to Feb 28, 2024.
- The lead underwriter was amended from SK Securities Co., Ltd. to SK Securities Co., Ltd. and Yuanta Securities Co., Ltd.
Notes The total face value (electronic registration) of bonds is KRW 270 billion for securities with a 5-year early redemption option, and the issuance amount will be determined within the limit resolved by the board based on future demand forecast results. · The coupon rate and maturity yield will be determined by reflecting market interest rates at the time of issuance based on future demand forecast results. · The bond issuance method is intended to be conducted via public offering, but may be conducted via private placement depending on market conditions, investor demand, and other circumstances. · The subscription date and payment date are scheduled to be determined based on consultation schedules with supervisory authorities and issuance 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
Source: Financial Supervisory Service, Data Analysis, Retrieval and Transfer System (DART), via OpenDART. https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20240216000257
DART receipt no. 20240216000257