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Published on 1/26/2021 in the Prospect News Emerging Markets Daily.

New Issue: Korea Development Bank sells $45 million three-year floaters

By Marisa Wong

Los Angeles, Jan. 26 – Korea Development Bank priced $45 million of floating-rate notes due 2023, according to a Singapore Stock Exchange regulatory notice.

The notes were issued on Aug. 11 and will be listed on Wednesday.

UBS AG London Branch was lead manager and bookrunner.

The bank is based in Seoul, South Korea.

Issuer:Korea Development Bank
Issue:Floating-rate notes
Amount:$45 million
Maturity:Aug. 11, 2023
Bookrunner:UBS AG London Branch
Issue date:Aug. 11
Listing date:Jan. 27
Listing:Singapore Stock Exchange

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