Korea Housing Finance talks €500 million five-year bonds to yield mid-swaps plus 50 bps area

By Rebecca Melvin

New York, Oct. 24 – Korea Housing Finance Corp. plans to sell €500 million of covered bonds due Oct. 30, 2023 (expected rating: Aa1) with a yield in the mid-swaps plus 50 basis points area, according to a syndicate source on Wednesday.

BNP Paribas (billing and delivery), DBS Bank Ltd. ING and Societe Generale are joint lead managers for the Rule 144A and Regulation S securities.

The housing finance company is based in Seoul, South Korea.

© 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.