Meritz Financial Group plans to issue up to 1.3 trillion won in corporate bonds and hybrid securities this year, nearly double the maturing amount, to bolster capital adequacy amid increased provision burdens from real estate project financing and the Homeplus situation.
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Meritz Financial to Issue Up to 1.3 Trillion Won in Corporate Bonds and Hybrid Securities This Year - Easing Burden of Homeplus Provisions
Meritz Financial Group plans to issue up to 1.3 trillion won in corporate bonds and hybrid securities this year, nearly double the maturing amount, to bolster capital adequacy amid increased provision burdens from real estate project financing and the Homeplus situation.
Meritz Financial Vice Chairman Kim Yong-beom - 'Considering Stock Options for Subsidiary CEOs'
Meritz Financial Group considers stock options for subsidiary CEOs, sets aside provisions for Homeplus, and plans to apply for bill issuance, while expecting growth in investment gains.
Meritz Financial Group reports 5% year-on-year increase in Q1 net profit to 620.8 billion won, driven by improved investment gains and stable interest income growth despite decreased operating profit and revenue.
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Meritz Financial Q1 Net Profit Up 5% to 620.8 Billion Won on 'Improved Investment Gains'
Meritz Financial Group reports 5% year-on-year increase in Q1 net profit to 620.8 billion won, driven by improved investment gains and stable interest income growth despite decreased operating profit and revenue.
Meritz Financial Hit by Homeplus Fallout - Securities Arm Raises Additional 300 Billion Won in Capital Securities
Meritz Financial Group raises funds through hybrid securities and bonds amid concerns over its large loan exposure to Homeplus, which has entered rehabilitation proceedings.
Meritz Financial Secures 1.2 Times Target Amount in Hybrid Securities Demand Forecast
Meritz Financial Holdings receives 189 billion won in demand for hybrid securities issuance, exceeding 150 billion won target, as it aims to improve capital adequacy amid Homeplus loan concerns.
Meritz Shows Confidence in Homeplus at Shareholders' Meeting - 'Structure Set for Collateral Disposal Rights in Case of EOD'
Meritz Financial Group expresses confidence in Homeplus investment, highlighting collateral structure and monitoring MBK Partners' self-rescue efforts amid potential insolvency concerns.
Meritz Financial Group's CEO Kim Yong-beom considers exercising collateral rights on Homeplus while ruling out MG Non-Life Insurance acquisition, signaling potential shifts in South Korea's financial landscape.
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Meritz Financial Vice Chairman Kim Yong-beom - 'We'll Monitor Homeplus' Self-Rescue Measures'
Meritz Financial Group's CEO Kim Yong-beom considers exercising collateral rights on Homeplus while ruling out MG Non-Life Insurance acquisition, signaling potential shifts in South Korea's financial landscape.
Meritz Financial - 'Homeplus Collateral Value at 5 Trillion Won - No Issues in Recovering 1.2 Trillion Won Bonds'
Meritz Financial Group assures recovery of 1.2 trillion won in Homeplus bonds, citing 5 trillion won collateral value amid Homeplus's rehabilitation filing
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