[Alpha Biz=(Chicago) Reporter Kim Jisun] SK Hynix (AA0) set a record for issuing corporate bonds all-time thanks to the popularity of the hot corporate bond market. With more than 2 trillion won in funds flocking, it filled the expected amount of issuance even for 10-year bonds with a long maturity.
According to the financial investment industry on the 7th, SK Hynix predicted demand for corporate bonds worth 280 billion won for 3 years, 280 billion won for 5 years, 60 billion won for 7 years and 80 billion won for 10 years, resulting in a total of 2.585 trillion won in orders. Three-year bonds with relatively short maturity attracted KRW 1.31 trillion, and five-year bonds also attracted KRW 1.3 trillion. Seven-year bonds with relatively long maturity attracted KRW 150 billion and 10-year bonds attracted KRW 95 billion.
SK Securities, NH Investment & Securities, and Korea Investment & Securities jointly hosted the demand forecast. SK Hynix plans to use the funds secured from the issuance of corporate bonds as debt repayment funds.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
