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Published on 5/20/2020 in the Prospect News Emerging Markets Daily.

New Issue: Korea Development Bank sells $50 million 1.36% notes due 2023

By Rebecca Melvin

New York, May 20 – Korea Development Bank has issued $50 million of 1.36% three-year notes, according to a listing notice.

Standard Chartered Bank was the bookrunner of the Regulation S deal.

The lender is based in Seoul, South Korea.

Issuer:Korea Development Bank
Issue:Fixed-rate notes
Amount:$50 million
Maturity:2023
Bookrunner:Standard Chartered Bank
Coupon:1.36%
Issue date:May 15
Listing date:May 21
Listing:Singapore Stock Exchange
Distribution:Regulation S

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