Korea Aerospace Industries (KAI) KRW 200bn unsecured bonds (2017)
Refinancing
Key terms
- Borrower or issuer
- Korea Aerospace Industries
- Date
- 31 May 2017
- Type
- Bond
- Amount
- KRW 200bn (US$177m)
- Pricing
- No. 20-1: 2.042% fixed; No. 20-2: 2.429% fixed
- Maturity
- 2020-05-31, 2022-05-31
Recorded terms
- Structure
- Public unsecured corporate bonds in the Korean market, 2 tranches: KRW 100bn 3-year (No. 20-1, 2.042%); KRW 100bn 5-year (No. 20-2, 2.429%)
- Lenders and arrangers
- Underwriters: NH Investment & Securities, KB Securities, Mirae Asset Daewoo, Hanwha Investment & Securities, Korea Investment & Securities, HMC Investment Securities, Shinhan Investment Corp, Korea Asset Investment & Securities, Hanyang Securities, Hana Financial Investment, Samsung Securities
- Country
- South Korea
Parties
- Korea Aerospace Industries borrower or issuer
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 9 Jun 2017 | LIG Nex1 KRW 150bn unsecured bonds (2017) | Bond | KRW 150bn |
| 3 May 2017 | RTX (Raytheon Technologies) US$4,000m senior notes (5 tranches) | Bond | US$4bn |
| 7 Jul 2017 | Hyundai Rotem KRW 120bn unsecured bonds (2017) | Bond | KRW 120bn |
| 20 Apr 2017 | Booz Allen Hamilton US$350m 5.125% senior notes due 2025 | Bond | US$350m |
| 18 Apr 2017 | Teledyne €250m senior notes private placement (2017) | Bond | €250m |
More from Korea Aerospace Industries
| Date | Financing | Type | Amount |
|---|---|---|---|
| 27 Jan 2026 | Korea Aerospace Industries (KAI) KRW 500bn unsecured bonds (2026) | Bond | KRW 500bn |
| 4 Jul 2025 | Korea Aerospace Industries (KAI) KRW 500bn unsecured bonds (Jul 2025) | Bond | KRW 500bn |
| 24 Jan 2025 | Korea Aerospace Industries (KAI) KRW 500bn unsecured bonds (Jan 2025) | Bond | KRW 500bn |
| 8 Apr 2024 | Korea Aerospace Industries (KAI) KRW 400bn unsecured bonds (2024) | Bond | KRW 400bn |
| 12 Apr 2021 | Korea Aerospace Industries (KAI) KRW 500bn unsecured bonds (2021) | Bond | KRW 500bn |
| 5 Nov 2020 | Korea Aerospace Industries (KAI) KRW 300bn unsecured bonds (2020) | Bond | KRW 300bn |
Sources
- Korea Aerospace Industries (KAI) DART filing: securities issuance results report (Korean) dart.fss.or.kr · 31 May 2017
- Korea Aerospace Industries (KAI) DART filing: registration statement, final terms (Korean) dart.fss.or.kr · 31 May 2017
About this record
Record DEF-2017-0021, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ 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.