By William Gullotti
Buffalo, N.Y., July 5 – Korea Development Bank issued RMB 680 million 2.95% notes in two parts due 2026 and HK$255 million 4 5/8% notes due 2024, according to multiple listing notices on Wednesday.
The two-part offering is comprised of a RMB 355 million tranche settled June 14 and a RMB 325 million tranche settled June 15. The maturity dates for the tranches are likewise one day apart.
Each series of notes will be listed on the Singapore Exchange effective July 5.
The lender is based in Seoul, South Korea.
Issuer: | Korea Development Bank
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Issue: | Fixed rate notes
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Listing date: | July 5
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2024 notes
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Amount: | HK$255 million
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Maturity: | June 12, 2024
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Coupon: | 4 5/8%
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Settlement date: | June 12
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ISIN: | XS2634576685
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2026 notes
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Amount: | RMB 355 million
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Maturity: | June 14, 2026
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Coupon: | 2.95%
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Settlement date: | June 14
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ISIN: | HK0000933223
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2026 notes
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Amount: | RMB 325 million
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Maturity: | June 15, 2026
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Coupon: | 2.95%
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Settlement date: | June 15
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ISIN: | HK0000936713
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