Search results for hybrid capital securities
Finance
DB Securities corporate bond bookbuilding draws 660 billion won of orders for 150 billion won offer
DB Securities said it attracted 660 billion won of valid buy orders in bookbuilding for its unsecured public corporate bonds, against an initial offering size of 150 billion won, a 4.4-to-1 bid-to-cover ratio. It plans to increase the issuance to up to 200 billion won. Orders were 340 billion won for 70 billion won of 1.5-year notes and 320 billion won for 80 billion won of 3-year notes.
Industry
Hanwha Solutions to use 2.4 trillion won to defend credit rating, repay borrowings
Hanwha Solutions approved a 2.4 trillion won rights issue to overhaul its financial structure and pre-empt pressure on its credit rating by directly repaying debt. Of the proceeds, 1.5 trillion won will be used to redeem bonds, commercial paper and credit lines maturing this year, targeting a consolidated debt ratio below 150 percent by year-end. The remaining 900 billion won will fund solar technology investments over three years. The company also disclosed a 2026-2030 shareholder return policy.
Finance
K Bank posts 112.6 billion won net profit in 2025, shifts to non-interest-led growth
K Bank said it posted net profit of 112.6 billion won last year. It added 2.78 million new customers, taking the total to 15.53 million, and ended the year with 28.43 trillion won in deposits. Loans rose 13 percent to 18.38 trillion won. Interest income fell 7.8 percent, while non-interest income rose about 40 percent. Asset quality indicators improved and its BIS ratio was 14.52 percent.
