Published on 7/13/2023 in the Prospect News Emerging Markets Daily.
New Issue: Korea Development Bank sells $100 million 5.63% notes due 2024 at par
By Devika Patel
Knoxville, Tenn., July 13 – Korea Development Bank, Singapore Branch priced $100 million of 5.63% one-year notes (ISIN: XS2637417739) at par under its $30 million medium-term note program, according to a press release.
Merrill Lynch International was the dealer.
The lender is based in Seoul, South Korea.
| Issuer: | Korea Development Bank, Singapore branch
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| Description: | Notes
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| Amount: | $100 million
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| Maturity: | June 18, 2024
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| Dealer: | Merrill Lynch International
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| Coupon: | 5.63%
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| Price: | Par
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| Yield: | 5.63%
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| Trade date: | June 15
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| Settlement date: | June 18
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| Distribution: | Regulation S
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| ISIN: | XS2637417739
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