Fubon Hyundai Life "New Capital Securities Call Option Exercised Smoothly"
[Asia Economy Reporter Changhwan Lee] Fubon Hyundai Life Insurance announced on the 21st that it plans to smoothly exercise the call option (early redemption right) for the 40 billion KRW worth of hybrid capital securities scheduled for the end of this month.
It also explained that it plans to exercise the call option for the 60 billion KRW worth of hybrid capital securities scheduled for February next year.
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A company official said, "Due to the recent issue regarding the call option of hybrid capital securities, inquiries about whether the call option will be exercised have been continuously received," adding, "We plan to exercise the call option without any issues."
This content was produced with the assistance of AI translation services.
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