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Published on 12/2/2021 in the Prospect News Emerging Markets Daily.

New Issue: Industrial Bank of Korea sells $44 million 1.29% five-year notes

By Marisa Wong

Los Angeles, Dec. 2 – Industrial Bank of Korea issued $44 million of 1.29% fixed-rate notes due 2026 on Oct. 15, according to a notice on Thursday.

Mizuho Securities Asia Ltd. was the bookrunner.

The industrial bank is based in Seoul, South Korea.

Issuer:Industrial Bank of Korea
Amount:$44 million
Issue:Fixed-rate notes
Maturity:Oct. 15, 2026
Bookrunner:Mizuho Securities Asia Ltd.
Coupon:1.29%
Issue date:Oct. 15
Listing date:Dec. 3
Listing:Singapore Exchange
ISIN:XS2399151757

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