By William Gullotti
Buffalo, N.Y., Dec. 1 – Korea Development Bank priced A$100 million of notes in two tranches due 2036 and 2041, according listing notices on Wednesday.
The bank priced A$60 million of 2.55% notes due Sept. 30, 2036.
The company also priced a tranche of A$40 million 2½% notes due Sept. 28, 2041.
Mizuho Securities Asia Ltd. is the lead manager and bookrunner for both offerings.
Listings for both tranches are expected on the Singapore Exchange effective Dec. 2.
The lender is based in Seoul.
| Issuer: | Korea Development Bank
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| Amount: | A$100 million
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| Issue: | Notes
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| Bookrunner: | Mizuho Securities Asia Ltd.
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| 2036 notes
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| Amount: | A$60 million
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| Maturity: | Sept. 30, 2036
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| Coupon: | 2.55%
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| Issue date: | Sept. 30
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| Listing date: | Dec. 2
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| ISIN: | XS2392906553
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| 2041 notes
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| Amount: | A$40 million
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| Maturity: | Sept. 28, 2041
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| Coupon: | 2½%
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| Issue date: | Sept. 28
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| Listing date: | Dec. 2
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| ISIN: | XS2389355392
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