Daishin Securities Co., Ltd. (003540) distressed-debt subsidiary received ₩1.589 trillion of bond demand on Monday, Yonhap reported. The subsidiary sought ₩150 billion and said it could consider increasing the issue to ₩300 billion.
Orders reached ₩684 billion for two-year notes and ₩905 billion for three-year notes during the offering process. The issuer plans to use proceeds for debt repayment, according to the September 7 report.
Korea Investment, NH Investment, KB, Shinhan and Samsung securities firms serve as joint lead managers. The company's market capitalisation was ₩1.3 trillion at Monday's close.
kstock reads DART every morning and writes up what moved — the contract, the buyback, the number that does not add up. The daily post and a Saturday roundup, by email.
| Symbol | Last Price |
|---|---|
| 003540Daishin Securities Co., Ltd. | ₩26,650 +0.6% |
| 071050Korea Investment Holdings Co., Ltd. | ₩190,900 +1.1% |
| 005940NH Investment & Securities | ₩26,900 +0.9% |
| 105560KB Financial Group Inc. | ₩175,900 +2.3% |
| 055550Shinhan Financial Group Co., Ltd. | ₩113,900 +3.3% |
| 016360Samsung Securities Co., Ltd. | ₩87,700 +1.0% |