LIG Nex1 KRW 200bn unsecured bonds (2020)
Debt repayment
Key terms
- Borrower or issuer
- LIG Nex1
- Date
- 28 May 2020
- Type
- Bond
- Amount
- KRW 200bn (US$169m)
- Pricing
- No. 9: 1.956% fixed
- Maturity
- 2023-05-28
Recorded terms
- Structure
- Public unsecured corporate bonds in the Korean market, 1 tranche: KRW 200bn 3-year (No. 9, 1.956%)
- Lenders and arrangers
- Underwriters: Korea Investment & Securities, NH Investment & Securities, KB Securities, Shinhan Investment Corp
- Country
- South Korea
Parties
- LIG Nex1 borrower or issuer
Similar financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 29 May 2020 | Korea Aerospace Industries (KAI) KRW 200bn unsecured bonds (2020) | Bond | KRW 200bn |
| 18 May 2020 | Lockheed Martin US$1,150m senior notes (2 tranches) | Bond | US$1.15bn |
| 18 May 2020 | RTX (Raytheon Technologies) US$2,000m senior notes (2 tranches) | Bond | US$2bn |
| 9 Jun 2020 | BWX Technologies US$400m 4.125% senior notes due 2028 | Bond | US$400m |
| 12 May 2020 | Leidos US$1,750m senior notes (3 tranches) | Bond | US$1.75bn |
More from LIG Nex1
| Date | Financing | Type | Amount |
|---|---|---|---|
| 11 Feb 2026 | LIG Nex1 KRW 340bn unsecured bonds (2026) | Bond | KRW 340bn |
| 15 Apr 2019 | LIG Nex1 KRW 200bn unsecured bonds (2019) | Bond | KRW 200bn |
| 18 May 2018 | LIG Nex1 KRW 100bn unsecured bonds (2018) | Bond | KRW 100bn |
| 9 Jun 2017 | LIG Nex1 KRW 150bn unsecured bonds (2017) | Bond | KRW 150bn |
M&A and investment involving LIG Nex1
| Date | Deal | Type | Value |
|---|---|---|---|
| 2 Oct 2015 | LIG Nex1 IPO on the Korea Exchange | IPO | KRW 524.4bn |
Sources
- LIG Nex1 DART filing: securities issuance results report (Korean) dart.fss.or.kr · 28 May 2020
- LIG Nex1 DART filing: registration statement, final terms (Korean) dart.fss.or.kr · 28 May 2020
About this record
Record DEF-2020-0039, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ 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.