Printer Friendly

-Kookmin Bank resumes bonds issuance.

Global Banking News-January 11, 2013--Kookmin Bank resumes bonds issuance(C)2013 ENPublishing -

Global Banking News - 11 January 2013

South Korean lender, Kookmin Bank, resumed bond issuance with an announcement of a USD300m priced offering on January 08 of this year.

The Reg S three-year deal, priced at 99.811 percent with a coupon of 1.375 percent, was launched with an initial guidance of 125bp area over the US treasuries. Markets welcomed the launch, with the demand rising to USD2bn before the London open.

[Editorial queries for this story should be sent to]

((Distributed via M2 Communications -

COPYRIGHT 2013 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2013 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Global Banking News (GBN)
Date:Jan 11, 2013
Previous Article:-Andrew John O named senior portfolio manager for Korean Equities.
Next Article:-MOLPay introduces online payment service for small businesses.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters