Published on 12/12/2005 in the Prospect News Emerging Markets Daily.
New Issue: South Korea's Kookmin Bank sells ¥3 billion of short-term notes
By Reshmi Basu
New York, Dec. 12 - Seoul-based Kookmin Bank said it sold ¥3 billion of one-year floating-rate notes at three-month JPY Libor plus 100 basis points via private placement.
The issue is structured as bullet notes.
Development Bank of Singapore arranged the sale.
Issuer: | Kookmin Bank
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Amount: | ¥3 billion
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Issue: | Floating-rate notes
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Maturity: | Dec. 16, 2006
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Coupon: | Three-month JYP Libor plus 100 basis points
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Pricing date: | Dec. 12
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Settlement date: | Dec. 15
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Lead arranger: | Development Bank of Singapore
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