InfraDefenceThe capital behind defence.
Bond · 28 Jun 2021

Hyundai Rotem KRW 68bn unsecured bonds (2021)

Debt repayment

Key terms

Borrower or issuer
Hyundai Rotem
Date
28 Jun 2021
Type
Bond
Amount
KRW 68bn (US$59m)
Pricing
No. 38-1: 2.441% fixed; No. 38-2: 3.138% fixed
Maturity
2023-06-28, 2024-06-28

Recorded terms

Structure
Public unsecured corporate bonds in the Korean market, 2 tranches: KRW 45bn 2-year (No. 38-1, 2.441%); KRW 23bn 3-year (No. 38-2, 3.138%)
Lenders and arrangers
Underwriters: Korea Investment & Securities, IBK 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 · 28 Jun 2021
  2. Hyundai Rotem DART filing: registration statement, final terms (Korean) dart.fss.or.kr · 28 Jun 2021

About this record

Record DEF-2021-0036, 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.

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