trending Market Intelligence /marketintelligence/en/news-insights/trending/cwhhmfjijsfebn-rdnlqma2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

KB Kookmin Bank raises US$500M via bond offering

TMT: Leading Trends And What To Watch

US Utility Commissioners: A Key Factor In Assessing Regulatory Risk

Municipal-Run Fiber Tops 280000 Subscribers In 2018

The Essential Conference 2019 Highlight Reel


KB Kookmin Bank raises US$500M via bond offering

KB KookminBank raised US$500 million through an offering of the U.S.dollar-denominated bonds.

The bank said July 26 that the three-year bonds were priced witha coupon of 1.724% per year, equivalent to 87.5 basis points over three-yearTreasury bonds, or 0.66% over three-month U.S. dollar LIBOR.

The sale attracted US$1.6 billion worth of orders from 90institutional investors. The notes were issued under the bank'sUS$8 billion global medium-term note program. Proceeds from the issuance willbe used to pay off debts.

BOA Merrill Lynch, Credit Agricole CIB, HSBC, Mizuho and KBInvestment & Securities served as book runners for the offering.

KB Kookmin Bank is a unit of