Korea Aerospace Industries (KAI) KRW 400bn unsecured bonds (2024)
KRW 350bn debt repayment and KRW 50bn working capital
Key terms
- Borrower or issuer
- Korea Aerospace Industries
- Date
- 8 Apr 2024
- Type
- Bond
- Amount
- KRW 400bn (US$293m)
- Pricing
- No. 27-1: 3.706% fixed; No. 27-2: 3.775% fixed
- Maturity
- 2026-04-08, 2027-04-08
Recorded terms
- Structure
- Public unsecured corporate bonds in the Korean market, 2 tranches: KRW 150bn 2-year (No. 27-1, 3.706%); KRW 250bn 3-year (No. 27-2, 3.775%)
- Lenders and arrangers
- Underwriters: Samsung Securities, Shinhan Securities, NH Investment & Securities, Eugene Investment & Securities, Yuanta Securities Korea, Hana Securities, KB Securities, Korea Investment & Securities, Heungkuk Securities, Kiwoom Securities
- Country
- South Korea
Parties
- Korea Aerospace Industries borrower or issuer
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More from Korea Aerospace Industries
| Date | Financing | Type | Amount |
|---|---|---|---|
| 27 Jan 2026 | Korea Aerospace Industries (KAI) KRW 500bn unsecured bonds (2026) | Bond | KRW 500bn |
| 4 Jul 2025 | Korea Aerospace Industries (KAI) KRW 500bn unsecured bonds (Jul 2025) | Bond | KRW 500bn |
| 24 Jan 2025 | Korea Aerospace Industries (KAI) KRW 500bn unsecured bonds (Jan 2025) | Bond | KRW 500bn |
| 12 Apr 2021 | Korea Aerospace Industries (KAI) KRW 500bn unsecured bonds (2021) | Bond | KRW 500bn |
| 5 Nov 2020 | Korea Aerospace Industries (KAI) KRW 300bn unsecured bonds (2020) | Bond | KRW 300bn |
| 29 May 2020 | Korea Aerospace Industries (KAI) KRW 200bn unsecured bonds (2020) | Bond | KRW 200bn |
Sources
- Korea Aerospace Industries (KAI) DART filing: securities issuance results report (Korean) dart.fss.or.kr · 8 Apr 2024
- Korea Aerospace Industries (KAI) DART filing: registration statement, final terms (Korean) dart.fss.or.kr · 8 Apr 2024
About this record
Record DEF-2024-0033, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ 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.
