Chicago, Nov. 8 – Korea Development Bank sold $200 million of additional 3 1/8% notes due 2025, according to an offering document.
The notes priced at 94.435, plus interest from June 7.
The add-on will be fungible with $300 million of existing notes issued in June.
Credit Suisse (Hong Kong) Ltd. managed the Regulation S sale.
The bank is based in Seoul, South Korea.
| Issuer: | Korea Development Bank
|
| Amount: | $200 million
|
| Issue: | Notes
|
| Maturity: | June 7, 2025
|
| Bookrunner: | Credit Suisse (Hong Kong) Ltd.
|
| Trustee: | Deutsche Bank AG, London Branch as fiscal agent
|
| Counsel to issuer: | Kim & Chang
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| Counsel to underwriters: | Linklaters LLP
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| Coupon: | 3 1/8%
|
| Price: | 94.435
|
| Call features: | Non-callable
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| Trade date: | Oct. 27
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| Settlement date: | Nov. 3
|
| Distribution: | Regulation S
|
| ISIN: | XS2487342300
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| Total issue size: | $500 million with $300 million of notes issued on June 7, 2022
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