IBK mulls funding routes to $600m
Industrial Bank of Korea needs to raise $600m to hit its funding target for the year, and is likely to use a mix of public bonds, loans and private placements, international funding head Sujin Choi told EuroWeek Asia.
The borrower has already raised $1.1bn of its $1.7bn target through a mix of private placements and a $350m international bond issue, a 5.5 year deal that it sold at the start of February.
It could return to the dollar bond market again for a similar sized deal, but
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: firstname.lastname@example.org or find out more online here.