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Published on 7/2/2019 in the Prospect News Emerging Markets Daily and Prospect News Green Finance Daily.

New Issue: Kookmin Bank sells $500 million 4.35% sustainability perpetuals

By Sarah Lizee

Olympia, Wash., July 2 – South Korea’s Kookmin Bank sold $500 million of 4.35% tier 1 sustainability subordinated perpetual notes, according to an announcement.

The lead managers and bookrunners for the Regulation S and Rule 144A notes are BNP Paribas, Citigroup Global Markets Inc., KB Securities Co., Ltd., Credit Agricole CIB, J.P. Morgan Securities plc, Merrill Lynch International and Mizuho Securities USA LLC.

Kookmin Bank is a lender based in Seoul.

Issuer:Kookmin Bank
Issue:Tier 1 sustainability subordinated perpetual notes
Amount:$500 million
Maturity:Perpetual
Bookrunners:BNP Paribas, Citigroup Global Markets Inc., KB Securities Co., Ltd., Credit Agricole CIB, J.P. Morgan Securities plc, Merrill Lynch International and Mizuho Securities USA LLC
Coupon:4.35%
Settlement date:July 2
Distribution:Regulation S and Rule 144A

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