InfraDefenceThe capital behind defence.
Bond · 7 Sep 2023

Hyundai Rotem KRW 45bn unsecured bonds (2023)

Debt repayment

Key terms

Borrower or issuer
Hyundai Rotem
Date
7 Sep 2023
Type
Bond
Amount
KRW 45bn (US$34m)
Pricing
No. 44-1: 4.804% fixed; No. 44-2: 4.831% fixed
Maturity
2025-03-07, 2025-09-05

Recorded terms

Structure
Public unsecured corporate bonds in the Korean market, 2 tranches: KRW 23bn 2-year (No. 44-1, 4.804%); KRW 22bn 2-year (No. 44-2, 4.831%)
Lenders and arrangers
Underwriters: Korea Investment & Securities, Daishin Securities, Shinhan Securities, Mirae Asset Securities, Hyundai Motor Securities, NH Investment & Securities, Hanyang Securities, KB Securities
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 · 7 Sep 2023
  2. Hyundai Rotem DART filing: registration statement, final terms (Korean) dart.fss.or.kr · 7 Sep 2023

About this record

Record DEF-2023-0028, 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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