By William Gullotti
Buffalo, N.Y., June 8 – Korea Development Bank priced $200 million of notes in two parts, according to listing notices.
The bank sold $100 million of 1.015% notes due Dec. 4, 2025.
It also sold a tranche of $100 million of 1.145% notes due June 4, 2026.
The notes were issued June 4 and will be listed on June 9.
HSBC Ltd., Singapore Branch is the lead manager and bookrunner.
The listing was expected to become effective on Thursday.
The bank is based in Seoul, South Korea.
| Issuer: | Korea Development Bank
|
| Issue: | Notes
|
| Bookrunner: | HSBC Ltd., Singapore Branch
|
| Settlement date: | June 4
|
| Listing date: | June 9
|
|
|
| 2025 notes
|
| Amount: | $100 million
|
| Maturity: | Dec. 4, 2025
|
| Coupon: | 1.015%
|
|
|
| 2026 notes
|
| Amount: | $100 million
|
| Maturity: | June 4, 2026
|
| Coupon: | 1.145%
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
