Published on 11/17/2023 in the Prospect News Emerging Markets Daily.
New Issue: Korea’s NongHyup Bank sells $30 million of 5.95% one-year notes
By Marisa Wong
Los Angeles, Nov. 17 – NongHyup Bank issued $30 million of 5.95% notes due Nov. 16, 2024, according to a listing notice.
Listing of the notes on the Singapore Exchange will take effect on Monday. The notes were issued on Thursday.
NongHyup Bank is a Seoul, South Korea-based agricultural and commercial credit and banking services company.
| Issuer: | NongHyup Bank
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| Amount: | $30 million
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| Issue: | Notes
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| Maturity: | Nov. 16, 2024
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| Coupon: | 5.95%
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| Settlement date: | Nov. 16
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| Listing date: | Nov. 20
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| Listing: | Singapore
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| ISIN: | XS2720091987
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