InfraDefenceThe capital behind defence.
Bond · 5 Nov 2020

Korea Aerospace Industries (KAI) KRW 300bn unsecured bonds (2020)

Debt repayment

Key terms

Borrower or issuer
Korea Aerospace Industries
Date
5 Nov 2020
Type
Bond
Amount
KRW 300bn (US$254m)
Pricing
No. 25: 1.794% fixed
Maturity
2023-11-05

Recorded terms

Structure
Public unsecured corporate bonds in the Korean market, 1 tranche: KRW 300bn 3-year (No. 25, 1.794%)
Lenders and arrangers
Underwriters: KB Securities, Mirae Asset Daewoo, Samsung Securities, NH Investment & Securities, Korea Investment & Securities, Hana Financial Investment, Kiwoom Securities, Heungkuk Securities
Country
South Korea

Parties

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More from Korea Aerospace Industries

Sources

  1. Korea Aerospace Industries (KAI) DART filing: securities issuance results report (Korean) dart.fss.or.kr · 5 Nov 2020
  2. Korea Aerospace Industries (KAI) DART filing: registration statement, final terms (Korean) dart.fss.or.kr · 5 Nov 2020

About this record

Record DEF-2020-0042, 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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