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Published on 5/12/2022 in the Prospect News Emerging Markets Daily.

New Issue: Industrial Bank of Korea issues $50 million 2.76% notes due 2025

By Mary-Katherine Stinson

Lexington, Ky., May 12 – Industrial Bank of Korea issued $50 million of 2.76% fixed-rate notes due April 1, 2025, according to a notice on Thursday.

The notes will be listed on the Singapore Stock Exchange effective on May 13.

The industrial bank is based in Seoul, South Korea.

Issuer:Industrial Bank of Korea
Amount:$50 million
Issue:Fixed-rate notes
Maturity:April 1, 2025
Coupon:2.76%
Settlement date:April 1
Listing date:May 13
Distribution:Regulation S
ISIN:XS2464426902

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