Korean banks issue en masse, corporate deals to come

12 Jun 2003

Four South Korean banks launched international bonds this week to take advantage of improved market conditions.

Several more firmed up their plans to issue.

Kookmin Bank, rated A3/BBB+, was the first to launch, with a $200m tap of its December 2007 bond on Tuesday. KorAm Bank followed with a $165m 10 year non-call five ...

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