JB Financial Group revises KRW 100 billion contingent capital bond use of proceeds

JB Financial Group corrected its July 23 filing for a planned amortized contingent capital securities issuance, revising proceeds to KRW 40 billion for working capital and KRW 60 billion for debt repayment, with quarterly arrears interest and an issuer call exercisable from year five subject to regulatory approval. Subscription and payment dates are set for Oct. 13, 2026, with DB Financial Investment and Shinhan Securities named as bookrunners.