SK hynix has successfully issued a US$1.5 billion dollar-denominated bond.
According to foreign reports on Jan. 9, SK hynix conducted demand forecasts for dollar bonds in Asia, Europe, and the United States the previous day and confirmed the issuance of a US$1.5 billion bond. The issued dollar bonds consist of 3-year and 5-year fixed-rate debts (FXD), with values of US$500 million and US$1 billion, respectively.
The interest rates for the 3-year and 5-year bonds were set at levels higher than the equivalent maturity U.S. Treasury yields by 145 basis points and 167 basis points, respectively. Consequently, both the 3-year and 5-year bonds have the same par interest rate of 5.50%, with yields of 5.539% and 5.605%, respectively.
The initially proposed interest rates for the 3-year and 5-year bonds were 180 basis…
