By William Gullotti and Cristal Cody
Buffalo, N.Y., April 18 – South Korea’s Kookmin Bank sold $500 million of 4 5/8% notes due April 21, 2028 on Monday, according to information provided by a market source.
The notes were priced at a spread of 95 basis points over Treasuries, tight to initial talk in the Treasuries plus 135 bps area.
BofA Securities, Citigroup, HSBC, JPMorgan, KDB and MUFG were the bookrunners.
The lender is based in Seoul.
| Issuer: | Kookmin Bank
|
| Amount: | $500 million
|
| Issue: | Notes
|
| Maturity: | April 21, 2028
|
| Bookrunners: | BofA Securities, Citigroup, HSBC, JPMorgan, KDB and MUFG
|
| Coupon: | 4 5/8%
|
| Spread: | Treasuries pus 95 bps
|
| Pricing date: | April 17
|
| Price talk: | Treasuries plus 135 bps area
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
