Hyundai Rotem KRW 165bn unsecured bonds (2022)
KRW 110bn working capital and KRW 55bn debt repayment
Key terms
- Borrower or issuer
- Hyundai Rotem
- Date
- 19 Jan 2022
- Type
- Bond
- Amount
- KRW 165bn (US$128m)
- Pricing
- No. 42-1: 3.398% fixed; No. 42-2: 3.746% fixed
- Maturity
- 2024-01-19, 2025-01-19
Recorded terms
- Structure
- Public unsecured corporate bonds in the Korean market, 2 tranches: KRW 95bn 2-year (No. 42-1, 3.398%); KRW 70bn 3-year (No. 42-2, 3.746%)
- Lenders and arrangers
- Underwriters: NH Investment & Securities, Korea Investment & Securities, IBK Securities, Hanyang Securities, Daishin Securities, KB Securities
- Country
- South Korea
Parties
- Hyundai Rotem borrower or issuer
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 3 Nov 2021 | RTX (Raytheon Technologies) US$2,100m senior notes (2 tranches) | Bond | US$2.1bn |
| 22 Apr 2022 | Lockheed Martin US$2,300m senior notes (3 tranches) | Bond | US$2.3bn |
| 5 May 2022 | ST Engineering US$1bn notes (3.375% 2027 and 3.75% 2032) | Bond | US$1bn |
| 6 Jun 2022 | Parker Hannifin US$3.6bn senior notes for Meggitt | Bond | US$3.6bn |
| 10 Aug 2021 | Huntington Ingalls Industries US$1,000m senior notes (2 tranches) | Bond | US$1bn |
More from Hyundai Rotem
| Date | Financing | Type | Amount |
|---|---|---|---|
| 4 Nov 2025 | Hyundai Rotem KRW 50bn unsecured bonds (2025) | Bond | KRW 50bn |
| 7 Sep 2023 | Hyundai Rotem KRW 45bn unsecured bonds (2023) | Bond | KRW 45bn |
| 28 Jun 2021 | Hyundai Rotem KRW 68bn unsecured bonds (2021) | Bond | KRW 68bn |
| 17 Jun 2020 | Hyundai Rotem KRW 240bn convertible bonds (2020) | Convertible | KRW 240bn |
| 16 Jul 2019 | Hyundai Rotem KRW 200bn unsecured bonds (2019) | Bond | KRW 200bn |
| 8 Jun 2018 | Hyundai Rotem KRW 100bn unsecured bonds (2018) | Bond | KRW 100bn |
Sources
- Hyundai Rotem DART filing: securities issuance results report (Korean) dart.fss.or.kr · 19 Jan 2022
- Hyundai Rotem DART filing: registration statement, final terms (Korean) dart.fss.or.kr · 19 Jan 2022
About this record
Record DEF-2022-0031, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ equivalents use approximate annual average exchange rates. Spotted an error or have a document we have missed? Send a correction, and changes are logged on Updates and corrections.
Read the structure
Senior notes are unsecured promises to pay, priced off government bonds; the prospectus sets the covenants, the change-of-control put and the redemption terms.
