Samara 한국어

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

Original title (Korean): [기재정정]주요사항보고서(상각형조건부자본증권발행결정)

Company
KB Financial Group Inc.
Ticker
KRX:105560
Market
KOSPI
Filing type
Hybrid Capital Securities Issuance
Filing date
Feb 16, 2024
DART receipt no.
20240216000810

AI Summary

Original filing ↓

KB Financial Group Amends Decision on Issuance of Amortized Contingent Capital Securities

  • The representative director was corrected from Yoon Jong-kyu to Yang Jong-hee.
  • The reason for the amendment is a simple clerical error.
  • The company decided to issue KRW 270 billion in amortized contingent capital securities.
  • The board resolution date is Feb 7, 2024.

Notes The issuance amount will be determined within the amount resolved by the board, depending on the demand forecast results. · The coupon rate and maturity yield will be determined by reflecting market interest rates at the time of issuance, depending on future demand forecast results. · Although the bond maturity is perpetual, it is issued with a condition granting an early redemption option 5 years from the issuance date. · The company intends to proceed via public offering, but may proceed via private placement depending on market conditions, investor demand, and other factors. · The subscription and payment dates will 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

DateFiling
Nov 11, 2026[Amendment] Report on Business Performance according to Consolidated Financial Statements (Fair Disclosure) (Subsidiary's material business matters)
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=20240216000810

DART receipt no. 20240216000810