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Published on 2/1/2021 in the Prospect News Emerging Markets Daily.

New Issue: Korea’s Kookmin Bank sells $80 million notes in two series due 2026

By Taylor Fox

New York, Feb. 1 – Kookmin Bank issued $50 million of 0.99% fixed-rate notes due 2026 and $30 million of 0.98% fixed-rate notes due 2026, according to notices.

Credit Agricole CIB was the bookrunner on the 0.99% notes and ING Bank NV was the bookrunner on the 0.98% notes.

The lender is based in Seoul, South Korea.

Issuer:Kookmin Bank
Issue:Fixed-rate notes
Amount:$80 million
Listing date:Feb. 2
0.99% notes
Amount:$50 million
Maturity:Jan. 15, 2026
Coupon:0.99%
Bookrunner:Credit Agricole CIB
Settlement date:Jan. 15
0.98% notes
Amount:$30 million
Maturity:Feb. 1, 2026
Coupon:0.98%
Bookrunner:ING Bank NV
Settlement date:Feb. 1

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