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Published on 3/5/2020 in the Prospect News Emerging Markets Daily.

New Issue: Industrial Bank of Korea sells $50 million 1.74% one-year notes

By Marisa Wong

Los Angeles, March 5 – Industrial Bank of Korea issued $50 million of 1.74% notes due 2021 on Feb. 18, according to a notice.

Commerzbank AG is the bookrunner.

The industrial bank is based in Seoul, South Korea.

Issuer:Industrial Bank of Korea
Issue:Notes
Amount:$50 million
Maturity:Feb. 18, 2021
Bookrunner:Commerzbank AG
Coupon:1.74%
Settlement date:Feb. 18

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