InfraDefenceThe capital behind defence.
Bond · 16 Jul 2019

Hyundai Rotem KRW 200bn unsecured bonds (2019)

KRW 170bn working capital and KRW 30bn refinancing

Key terms

Borrower or issuer
Hyundai Rotem
Date
16 Jul 2019
Type
Bond
Amount
KRW 200bn (US$172m)
Pricing
No. 29-1: 2.599% fixed; No. 29-2: 2.935% fixed
Maturity
2021-07-16, 2022-07-15

Recorded terms

Structure
Public unsecured corporate bonds in the Korean market, 2 tranches: KRW 100bn 2-year (No. 29-1, 2.599%); KRW 100bn 3-year (No. 29-2, 2.935%)
Lenders and arrangers
Underwriters: NH Investment & Securities, Korea Investment & Securities, Hyundai Motor Securities, Mirae Asset Daewoo
Country
South Korea

Parties

Similar financings

More from Hyundai Rotem

Sources

  1. Hyundai Rotem DART filing: securities issuance results report (Korean) dart.fss.or.kr · 16 Jul 2019
  2. Hyundai Rotem DART filing: registration statement, final terms (Korean) dart.fss.or.kr · 16 Jul 2019

About this record

Record DEF-2019-0020, 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.

Randeep Bubbra
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