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Published on 10/17/2022 in the Prospect News Emerging Markets Daily.

New Issue: Korea Development Bank prices $150 million in two tranches of notes due 2023

By Mary-Katherine Stinson

Lexington, Ky., Oct. 17 – Korea Development Bank sold $150 million of senior notes due Aug. 11, 2023 in two tranches, according to listing notices Monday.

The $100 million 3.68% notes and the $50 million 3.66% notes will be listed on the Singapore Exchange effective Oct. 18.

The lender is based in Seoul, South Korea.

Issuer:Korea Development Bank
Amount:$150 million
Issue:Notes
Maturity:Aug. 11, 2023
Settlement date:Aug. 10
Listing date:Oct. 18
Tranche 1
Amount:$100 million
Coupon:3.68%
ISIN:XS2519179571
Tranche 2
Amount:$50 million
Coupon:3.66%
ISIN:XS2519803907

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