KB Securities Aims for No.1 in All IB Divisions This Year
Bond Issuance and Stock Issuance in Q1
Leading Positions Secured Across Four Areas
All-Out Effort to Leap to No. 1
[Asia Economy Reporter Park So-yeon] KB Securities is putting all its corporate capabilities into becoming No. 1 in all IB sectors this year.
According to the investment industry on the 23rd, KB Securities is leading the major market indicators in the IB sector, including DCM (Debt Capital Markets), ECM (Equity Capital Markets), M&A (Mergers & Acquisitions) advisory, and acquisition financing through Q1 this year.
In the DCM sector, where KB Securities has traditionally shown strength, it maintained its position as the leading company at the top of the league table. It also ranked first in the ESG (Environmental, Social, and Governance) bond issuance market. Until last year, KB Securities had held the No. 1 spot in the DCM sector for 10 consecutive years. This year, it officially entered the global bond issuance market (overseas DCM). Recently, it successfully led a deal as the lead manager for the Export-Import Bank’s large-scale bond issuance worth 1.5 billion euros.
In the ECM field, KB Securities secured a performance advantage by serving as the lead underwriter for LG Energy Solution’s initial public offering (IPO). The public offering amount of LG Energy Solution, which was listed on the KOSPI this year, was 12.75 trillion KRW, accounting for 60% of last year’s total public offering amount (20.8 trillion KRW). Since the ‘Big 3’ securities firms were not included as underwriters for LG Energy Solution, KB Securities was able to advance ahead in the ranking competition. This remarkable achievement in the IPO sector, identified as a new growth engine to leap to the top tier in ECM, was supported by KB Financial Group’s backing. KB Financial Group Chairman Yoon Jong-kyu consistently ordered the No. 1 ECM performance and increased support both materially and morally. KB Securities CEO Kim Sung-hyun, an IB expert, also contributed to securing IPO competitiveness. Additionally, KB Securities ranked first in rights offering performance, leading the top positions across all ECM sectors.
KB Securities is also showing prominence in M&A. In Q1 this year, KB Securities achieved the highest M&A advisory ranking among domestic securities firms. It led major deals such as DTR Automotive’s acquisition of Doosan Machine Tools and Jungheung Construction’s acquisition of Daewoo Construction, earning 1.185 trillion KRW, nearly catching up with last year’s performance (1.3953 trillion KRW). In overseas acquisition financing and project financing, KB Securities plans to diversify revenue sources by expanding domestic and international infrastructure deals, including large-scale project financing businesses.
A KB Securities official said, "Recently, we have officially entered the global bond issuance market and succeeded in issuing large-scale bonds for the Export-Import Bank," adding, "We see this year as an unmissable opportunity to leap forward in the IB sector and are making company-wide efforts."
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