Published on 5/12/2021 in the Prospect News Emerging Markets Daily and Prospect News Green Finance Daily.
New Issue: KB Kookmin Card prices $300 million 1˝% sustainability bonds due 2026
By Marisa Wong
Los Angeles, May 12 – Korea’s KB Kookmin Card Co., Ltd. priced $300 million of 1˝% senior sustainability notes due May 13, 2026, according to a notice.
Citigroup Global Markets Ltd., Hongkong and Shanghai Banking Corp. Ltd. and KB Securities Hong Kong Ltd. are the bookrunners.
The credit card service company is based in Seoul, South Korea.
| Issuer: | KB Kookmin Card Co., Ltd.
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| Issue: | Senior sustainability notes
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| Amount: | $300 million
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| Maturity: | May 13, 2026
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| Bookrunners: | Citigroup Global Markets Ltd., Hongkong and Shanghai Banking Corp. Ltd. and KB Securities Hong Kong Ltd.
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| Coupon: | 1˝%
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| Issue date: | May 13
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| Rating: | Moody’s: A2
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