Published on 5/5/2022 in the Prospect News Emerging Markets Daily.
New Issue: Industrial Bank of Korea sells $50 million 1.55% one-year notes
By William Gullotti
Buffalo, N.Y., May 5 – Industrial Bank of Korea issued $50 million of 1.55% fixed-rate notes due March 20, 2023, according to a listing notice on Thursday.
Listing for the notes is expected on the Singapore Exchange effective May 6.
The industrial bank is based in Seoul, South Korea.
| Issuer: | Industrial Bank of Korea
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| Amount: | $50 million
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| Issue: | Fixed-rate notes
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| Maturity: | March 20, 2023
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| Coupon: | 1.55%
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| Issue date: | March 18
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| Listing date: | May 6
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| ISIN: | XS2459064981
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