Tuesday, March 28, 2017

KB Kookmin Bank, Busan-Gimhae Light Rail Transit 1 trillion won sized financial arrangements



It announced that it has completed the financing arrangements Cindy Katie drones the size of 953.7 billion won a [financial newspaper sinyuncheol Korea News] financial underwriting of KB Kookmin Bank (Bank Yun Jonggyu) over the past 24 days, Busan Gimhae Light Rail Concession refinancing.

The financial arrangements and business restructuring costs of switching to conservation (CC) scheme operating at the minimum guaranteed income (MRG) method approach, KB In addition to the National Bank took part in a total of 14 financial institutions, including banks and insurance companies.

The project is in the national light rail Concession Notice No. 1 in 2000 - ever, Busan Gimhae Airport to a total length 23km, personal history be 21 urban railway connecting Gimhae Gimhae City Hall - gayadae. During September 17, 2011 to the opening operation, and it has established the current daily average of about 50,000 passengers a place in the main public transport between Busan and Gimhae transport. (December 31, 2016 exceeded 80 million people accumulated passengers)

Despite the steady traffic demand and to reduce the MRG payment burden on travel demand and lower tolls apply more agreements that fall below the expected competent authorities (Ministry of Transportation, Busan, Gimhae) had promoted business restructuring, long-term excellent asset the active participation of financial institutions to operate was made up to finish financing.

KB Kookmin Bank and which has already been completed W1.1trn and Incheon International Airport Railroad 3.4 one trillion won financial arrangements with GK resolution as a business restructuring scheme, sizable government authority financed by the success of the financial arrangements based on the accumulated financial capacity He had a leading role in the reduction.

Meanwhile, KB Kookmin KB Securities of the total loan amount under the lead bank was seeking to diversify its enhanced competitive price and procurement won by one trillion months asset-backed securities (IPO ABS) of 400 billion won, KB Asset Management, KB Financial Group by setting a 476.7 billion won fund He led a successful collaborative model within the group.



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