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Published on 11/25/2019 in the Prospect News Emerging Markets Daily.

New Issue: Korea Development Bank sells £100 million in three series of notes

Chicago, Nov. 25 – Korea Development Bank issued £100 million in three different series of notes, according to separate listing notices on Monday.

The bank sold series 764 and series 765 notes in identical issue amounts of £35 million with the same 1.23% coupon and matching maturity dates of 2022.

The bank also sold £30 million of series 766 notes with a similar 1.23% coupon also due 2022.

Nomura International plc is the lead manager and bookrunner for all three issues.

The lender is based in Seoul, South Korea.

Issuer:Korea Development Bank
Issue:Fixed-rate notes
Amount:£100 million
Maturity:2022
Bookrunner:Nomura International plc
Announcement date:Nov. 25
Settlement date:Nov. 26
Series 764
Amount:£35 million
Coupon:1.23%
Series 765
Amount:£35 million
Coupon:1.23%
Series 766
Amount:£30 million
Coupon:1.23%

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