By Rebecca Melvin
New York, July 21 – Doosan Infracore Co. Ltd. issued $300 million of 1% three-year senior notes (Aa2) under Regulation S, according to a notice.
The issue is guaranteed by Korea Development Bank.
Korea Development Bank, Nomura Singapore Ltd., Standard Chartered Bank and UBS AG Hong Kong Branch were joint bookrunners of the deal.
The proceeds will be used to repay Doosan Infracore’s debt and for other general corporate purposes.
The notes are being listed on the Singapore Stock Exchange.
Doosan is a lender based in Seoul, South Korea.
| Issuer: | Doosan Infracore Co. Ltd.
|
| Guarantor: | Korea Development Bank
|
| Issue: | Senior notes
|
| Amount: | $300 million
|
| Maturity: | 2023
|
| Bookrunners: | Korea Development Bank, Nomura Singapore Ltd., Standard Chartered Bank and UBS AG Hong Kong Branch
|
| Coupon: | 1%
|
| Listing date: | July 21
|
| Rating: | Moody’s: Aa2
|
| Distribution: | Regulation S
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
