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Samsung SDS locks in W1.2tr from KKR in rare bonds deal
April 15, 2026
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Posted 3 hours ago by
Samsung SDS, the IT services arm of South Korea's Samsung Group, said Wednesday it will issue 1.22 trillion won (829 million) in convertible bonds to global investment firm KKR, bringing in the active minority investor to bankroll its push into artificial intelligence infrastructure and overseas acquisitions. What makes the deal unusual is its structure.
According to a regulatory filing, the bonds mature in April 2032 and carry a fixed conversion price of 180,000 won per share, an 18 percent pr
The korea Herald News
Coverage and analysis from South Korea. All insights are generated by our AI narrative analysis engine.
South Korea
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