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Published on 5/3/2019 in the Prospect News Emerging Markets Daily.

New Issue: Korea’s Busan Bank prices $25 million floating-rate notes due 2024

By Rebecca Melvin

New York, May 3 – Busan Bank has priced $25 million of floating-rate notes due 2024, according to a listing announcement.

The notes will be listed on the Singapore Exchange on May 6.

Mizuho Securities Asia Ltd. is lead manager and bookrunner of the Regulation S notes.

The Busan, South Korea-based bank was formerly known as Pusan Bank.

Issuer:Busan Bank
Amount:$25 million
Maturity:2024
Securities:Floating-rate notes
Bookrunner:Mizuho Securities Asia Ltd.
Issue date:May 3
Listing date:May 6
Distribution:Regulation S

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