Published on 1/25/2006 in the Prospect News Emerging Markets Daily.
New Issue: South Korea's Kookmin Bank sells ¥3 billion one-year notes at Libor plus 120 bps
By Reshmi Basu
New York, Jan. 25 - Seoul-based Kookmin Bank said it sold ¥3 billion of one-year notes at Libor plus 120 basis points via a private placement in the euro yen market.
The issue is structured as floating-rate bullet notes.
Development Bank of Singapore was the manager of the transaction.
| Issuer: | Kookmin Bank
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| Amount: | ¥3 billion
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| Issue: | Floating-rate notes
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| Maturity: | 2007
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| Coupon: | JPY three-month Libor plus 120 basis points
|
| Issue price: | Par
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| Yield: | JPY three-month Libor plus 120 basis points
|
| Pricing date: | Jan. 25
|
| Settlement date: | Feb. 3
|
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