IBK takes two track approach for AT1

split tracks_230px
By Narae Kim
09 Aug 2016

Industrial Bank of Korea is poised to reach out to offshore and onshore bond investors for Basel III additional tier one capital later this year.

The Aa2/AA-/AA- rated Korean lender is looking to make its first foray into the offshore bank capital market as early as next month.

“The plan is, the bank will first meet investors to gauge what yield they want from IBK’s dollar AT1 trade, and if that yield ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial