Published on 6/3/2020 in the Prospect News Emerging Markets Daily.
New Issue: Korea Development Bank issues $1 billion 1¼% notes due 2025
By Rebecca Melvin
New York, June 3 – Korea Development Bank issued $1 billion of 1¼% senior notes due 2025, according to a listing notice of the Singapore Stock Exchange.
BNP Paribas, Kexim Asia Ltd., Credit Suisse Securities (Europe) Ltd., ING Bank NV, Singapore Branch, KDB Asia Ltd., Societe Generale and Standard Chartered Bank were joint lead managers and joint bookrunners of the deal.
The commercial lender is based in Seoul, South Korea.
| Issuer: | Korea Development Bank
|
| Issue: | Notes
|
| Amount: | $1 billion
|
| Maturity: | 2025
|
| Bookrunners: | BNP Paribas, Goldman Sachs International, BofA Merrill Lynch, Mirae Asset Daewoo Co., Mizuho Securities USA LLC and Societe Generale CIB
|
| Coupon: | 1¼%
|
| Issue date: | June 3
|
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