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 Amortized Contingent Capital Securities Issuance; Subscription and Payment Date Set for Jan 22
- The subscription date and payment date were amended from '-' to Jan 22, 2025.
- The lead underwriter was changed from SK Securities Co., Ltd. to SK Securities Co., Ltd., Hanwha Investment & Securities Co., Ltd., and Kiwoom Securities Co., Ltd.
- The total face value (electronic registration) of the bonds was specified as KRW 405 billion for securities with a 5-year early redemption option.
- The reason for the amendment is a change in issuance conditions.
Notes The interest rate on the bonds will be determined by reflecting the prevailing market interest rate at the time of issuance, based on future demand forecast results. · The bond maturity is perpetual, but a 5-year early redemption option from the issuance date has been granted. · The bond issuance is intended to be conducted via public offering, but may proceed via private placement depending on 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=20250110000848
DART receipt no. 20250110000848