By Mary-Katherine Stinson
Lexington, Ky., Feb. 24 – Korea Housing Finance Corp. priced $1.3 billion senior social bonds in two tranches (AA), according to multiple notices.
The company sold $1 billion 4 5/8% senior social bonds due Feb. 24, 2028 and the $300 million 4 /8% senior social bonds due Feb. 24, 2033 were issued Feb. 24.
They will be listed on the Singapore Exchange effective Feb. 27.
The bonds have been recognized under the SGX fixed income sustainable initiative.
Proceeds to help finance housing for low and middle-income earners in accordance with its sustainability financing framework.
The housing finance company is based in Seoul, South Korea.
| Issuer: | Korea Housing Finance Corp.
|
| Amount: | $1.3 billion
|
| Issue: | Senior social bonds
|
| Settlement date: | Feb. 24
|
| Trade date: | Feb. 27
|
| Ratings: | S&P: AA
|
| Distribution: | Rule 144A and Regulation S
|
|
|
| 2028 bonds
|
| Amount: | $1 billion
|
| Maturity: | Feb. 24, 2028
|
| Coupon: | 4 5/8%
|
| ISINs: | US50065RAK32, USY4841MWD73
|
|
|
| 2033 bonds
|
| Amount: | $300 million
|
| Maturity: | Feb. 24, 2033
|
| Coupon: | 4 5/8%
|
| ISINs: | US50065RAL15, USY4841MWE65
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
