By Mary-Katherine Stinson
Lexington, Ky., Oct. 6 – Korea Ocean Business Corp. issued $80 million of floating-rate senior notes due Oct. 5, 2028, according to a notice.
The notes were issued on Oct. 5 and will be listed on the Singapore Exchange on Oct. 9.
Busan, South Korea-based Korea Ocean is a flagship government-owned policy finance institution for domestic shipping companies that serves to implement the Government’s strategy to enhance the competitiveness of the maritime transport industry of Korea.
| Issuer: | Korea Ocean Business Corp.
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| Amount: | $80 million
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| Issue: | Senior notes
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| Maturity: | Oct. 5, 2028
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| Coupon: | Floating-rate
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| Issue date: | Oct. 5
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| Settlement date: | Oct. 9
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| ISIN: | XS2695399506
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