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Published on 12/2/2021 in the Prospect News Emerging Markets Daily.

New Issue: Korea Development Bank prices $20 million 1.448% notes due 2025

By William Gullotti

Buffalo, N.Y., Dec. 2 – Korea Development Bank priced $20 million of 1.448% notes due Dec. 2, 2025, according to a listing notice on Thursday.

The lead manager and bookrunner is HSBC Ltd.

Listing for the notes is expected on the Singapore Exchange effective Dec. 3.

The bank is based in Seoul, South Korea.

Issuer:Korea Development Bank
Amount:$20 million
Issue:Fixed-rate notes
Maturity:Dec. 2, 2025
Bookrunner:HSBC Ltd.
Coupon:1.448%
Issue date:Dec. 2
Listing date:Dec. 3
ISIN:XS2417098501

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