KHFC returns with second social covered bond of 2020

By David Freitas
22 Jun 2020

Korea Housing Finance Corp (KHFC) has hired lead managers for a new social covered bond in the euro market. It is its second such deal in the currency this year, and it could face tougher conditions this time.

KHFC commissioned BNP Paribas, DBS Bank, HSBC and ING to run fixed income investor calls from Wednesday to Friday.

The issuer intends to sell a social covered bond backed by residential mortgages. The deal will have a five year maturity and is expected to carry a rating ...

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