Korea Aerospace Industries (KAI) KRW 500bn unsecured bonds (Jan 2025)
Debt repayment
Key terms
- Borrower or issuer
- Korea Aerospace Industries
- Date
- 24 Jan 2025
- Type
- Bond
- Amount
- KRW 500bn (US$352m)
- Pricing
- No. 28-1: 2.994% fixed; No. 28-2: 3.147% fixed
- Maturity
- 2028-01-24, 2030-01-24
Recorded terms
- Structure
- Public unsecured corporate bonds in the Korean market, 2 tranches: KRW 370bn 3-year (No. 28-1, 2.994%); KRW 130bn 5-year (No. 28-2, 3.147%)
- Lenders and arrangers
- Underwriters: NH Investment & Securities, KB Securities, Samsung Securities, Mirae Asset Securities, Shinhan Securities, Hana Securities, Eugene Investment & Securities, Korea Investment & Securities, Daishin Securities, Kiwoom Securities, Heungkuk Securities
- Country
- South Korea
Parties
- Korea Aerospace Industries borrower or issuer
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 11 Feb 2025 | Textron US$500m senior notes (1 tranche) | Bond | US$500m |
| 18 Feb 2025 | Leidos US$1,000m senior notes (2 tranches) | Bond | US$1bn |
| 13 Mar 2025 | Booz Allen Hamilton US$650m 5.950% senior notes due 2035 | Bond | US$650m |
| 5 Dec 2024 | Lockheed Martin US$1,000m senior notes (2 tranches) | Bond | US$1bn |
| 14 Nov 2024 | Huntington Ingalls Industries US$1,000m senior notes (2 tranches) | Bond | US$1bn |
More from Korea Aerospace Industries
| Date | Financing | Type | Amount |
|---|---|---|---|
| 27 Jan 2026 | Korea Aerospace Industries (KAI) KRW 500bn unsecured bonds (2026) | Bond | KRW 500bn |
| 4 Jul 2025 | Korea Aerospace Industries (KAI) KRW 500bn unsecured bonds (Jul 2025) | Bond | KRW 500bn |
| 8 Apr 2024 | Korea Aerospace Industries (KAI) KRW 400bn unsecured bonds (2024) | Bond | KRW 400bn |
| 12 Apr 2021 | Korea Aerospace Industries (KAI) KRW 500bn unsecured bonds (2021) | Bond | KRW 500bn |
| 5 Nov 2020 | Korea Aerospace Industries (KAI) KRW 300bn unsecured bonds (2020) | Bond | KRW 300bn |
| 29 May 2020 | Korea Aerospace Industries (KAI) KRW 200bn unsecured bonds (2020) | Bond | KRW 200bn |
Sources
- Korea Aerospace Industries (KAI) DART filing: securities issuance results report (Korean) dart.fss.or.kr · 24 Jan 2025
- Korea Aerospace Industries (KAI) DART filing: registration statement, final terms (Korean) dart.fss.or.kr · 24 Jan 2025
About this record
Record DEF-2025-0053, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ 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.
