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Kina Securities Closes Oversubscribed PGK 235 Million Bond Ahead of PNGX Listing
3:22pm on Friday 1st of May, 2026 AEST
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Financial Services
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Kina Securities Closes Oversubscribed PGK 235 Million Bond Ahead of PNGX Listing
3:22pm on Friday 1st of May, 2026 AEST
Key Points
PGK 235 million unsecured subordinated bond issue
7.55% fixed annual coupon payable semi-annually
Ten-year maturity with optional early redemption after five years
Bonds rank below secured and unsubordinated creditors
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Kina Securities (ASX:KSL)
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