Yonhap Infomax NewsGwangju Bank upsized its hybrid capital securities issuance to KRW 100 billion ($76.1 million) after attracting more than double the initial demand, setting the coupon at 4.6% as it moves to bolster capital ratios.
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#YonhapInfomax #GwangjuBank #HybridSecurities #InstitutionalDemand #CouponRate #CapitalAdequacyRatio #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=94654
Gwangju Bank Upsizes Hybrid Securities Issuance to KRW 100 Billion After Attracting Double the Demand
Gwangju Bank upsized its hybrid capital securities issuance to KRW 100 billion ($76.1 million) after attracting more than double the initial demand, setting the coupon at 4.6% as it moves to bolster capital ratios.