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Published on 6/16/2022 in the Prospect News Emerging Markets Daily.

New Issue: Korea Development Bank sells green notes due 2029 in two tranches

By Mary-Katherine Stinson

Lexington, Ky., June 16 – Korea Development Bank issued HK$169 million 3.6% fixed-rate green notes due 2029 and HK$390 million 3.45% fixed-rate green notes due 2029, according to listing notices Thursday.

The notes will be listed on the Singapore Exchange effective June 17.

The lender is based in Seoul, South Korea.

Issuer:Korea Development Bank
Amount:HK$559 million
Issue:Fixed-rate green notes
Tranche 1
Amount:HK$169 million
Maturity:May 12, 2029
Coupon:3.6%
Issue date:May 12
Listing date:June 17
ISIN:XS2478301380
Tranche 2
Issuer:Korea Development Bank
Amount:HK$390 million
Maturity:May 10, 2029
Coupon:3.45%
Issue date:May 10
Listing date:June 17
ISIN:XS2476745430

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