LIG Nex1 KRW 200bn unsecured bonds (2019)
Working capital
Key terms
- Borrower or issuer
- LIG Nex1
- Date
- 15 Apr 2019
- Type
- Bond
- Amount
- KRW 200bn (US$172m)
- Pricing
- No. 7-1: 2.105% fixed; No. 7-2: 2.248% fixed
- Maturity
- 2022-04-15, 2024-04-15
Recorded terms
- Structure
- Public unsecured corporate bonds in the Korean market, 2 tranches: KRW 150bn 3-year (No. 7-1, 2.105%); KRW 50bn 5-year (No. 7-2, 2.248%)
- Lenders and arrangers
- Underwriters: KB Securities, eBEST Investment & Securities, Mirae Asset Daewoo, NH Investment & Securities, Korea Investment & Securities
- Country
- South Korea
Parties
- LIG Nex1 borrower or issuer
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 30 Apr 2019 | Hanwha Aerospace KRW 200bn unsecured bonds (2019) | Bond | KRW 200bn |
| 1 May 2019 | Textron US$300m 3.900% notes due 2029 | Bond | US$300m |
| 21 May 2019 | Thales €500m 0% bond due 2022 | Bond | €500m |
| 13 Feb 2019 | TransDigm US$550m 7.50% senior subordinated notes due 2027 | Bond | US$550m |
| 16 Jul 2019 | Hyundai Rotem KRW 200bn unsecured bonds (2019) | Bond | KRW 200bn |
More from LIG Nex1
| Date | Financing | Type | Amount |
|---|---|---|---|
| 11 Feb 2026 | LIG Nex1 KRW 340bn unsecured bonds (2026) | Bond | KRW 340bn |
| 28 May 2020 | LIG Nex1 KRW 200bn unsecured bonds (2020) | Bond | KRW 200bn |
| 18 May 2018 | LIG Nex1 KRW 100bn unsecured bonds (2018) | Bond | KRW 100bn |
| 9 Jun 2017 | LIG Nex1 KRW 150bn unsecured bonds (2017) | Bond | KRW 150bn |
M&A and investment involving LIG Nex1
| Date | Deal | Type | Value |
|---|---|---|---|
| 2 Oct 2015 | LIG Nex1 IPO on the Korea Exchange | IPO | KRW 524.4bn |
Sources
- LIG Nex1 DART filing: securities issuance results report (Korean) dart.fss.or.kr · 15 Apr 2019
- LIG Nex1 DART filing: registration statement, final terms (Korean) dart.fss.or.kr · 15 Apr 2019
About this record
Record DEF-2019-0019, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ 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.
