KB Financial raises contingent capital securities issuance to KRW 300 billion from KRW 270 billion
KB•KB Financial Group increased its contingent capital securities issuance to KRW 300 billion from KRW 270 billion. The perpetual securities carry a 4.84% interest rate, and subscription and payment are scheduled for Nov. 12, 2026.
1. Issuance details
KB Financial Group’s Nov. 6 correction increased its amortized contingent capital securities issuance to KRW 300 billion from KRW 270 billion. The perpetual securities carry a 4.84% interest rate and an issuer call option after five years, subject to regulatory approval. Proceeds will repay debt, while the issuance will strengthen additional Tier 1 capital to improve the BIS capital ratio.
