Published on 7/30/2020 in the Prospect News Emerging Markets Daily.
New Issue: Mirae Asset Daewoo sells $600 million three-, five-year notes
By Marisa Wong
Los Angeles, July 30 – Korea’s Mirae Asset Daewoo Co., Ltd. issued $300 million of 2 1/8% senior notes due 2023 and $300 million of 2 5/8% senior notes due 2025 on Thursday, according to notices.
Citigroup Global Markets Ltd., Daiwa Capital Markets Singapore Ltd., Hong Kong and Shanghai Banking Corp. Ltd., Societe Generale and Mirae Asset Securities (HK) Ltd. are the bookrunners for both series of notes.
Mirae is a brokerage and investment banking firm based in Seoul, South Korea.
Issuer: | Mirae Asset Daewoo Co., Ltd.
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Issue: | Senior notes
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Amount: | $600 million
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Bookrunners: | Citigroup Global Markets Ltd., Daiwa Capital Markets Singapore Ltd., Hong Kong and Shanghai Banking Corp. Ltd., Societe Generale and Mirae Asset Securities (HK) Ltd.
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Settlement date: | July 30
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2023 notes
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Amount: | $300 million
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Maturity: | July 30, 2023
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Coupon: | 2 1/8%
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2025 notes
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Amount: | $300 million
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Maturity: | July 30, 2025
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Coupon: | 2 5/8%
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