Published on 10/23/2019 in the Prospect News Emerging Markets Daily.
New Issue: Industrial Bank of Korea issues $300 million floaters due 2022
By Marisa Wong
Los Angeles, Oct. 23 – Industrial Bank of Korea issued $300 million of floating-rate notes due 2022 on Wednesday, according to a notice.
Citigroup Global Markets Inc., Credit Agricole CIB, Hongkong and Shanghai Banking Corp. Ltd., Mizuho Securities USA LLC, Standard Chartered Bank and IBK Securities Co., Ltd. are the bookrunners.
The industrial bank is based in Seoul, South Korea.
Issuer: | Industrial Bank of Korea
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Issue: | Floating-rate notes
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Amount: | $300 million
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Maturity: | 2022
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Bookrunners: | Citigroup Global Markets Inc., Credit Agricole CIB, Hongkong and Shanghai Banking Corp. Ltd., Mizuho Securities USA LLC, Standard Chartered Bank and IBK Securities Co., Ltd.
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Settlement date: | Oct. 23
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